NATIONAL ENDOWMENT BILL.
—_ »- (By Telegraph Parliamentary Correspondent.) WELLINGTON, October 16. In the House to-day the National Endowment Bill was reported from the Lands Committee. The schedule showing the acreage of each district to be set aside for the purposes of the Act has been struck out. In clause 12, which originally gave the Treasurer power to issue up to £5,000 a year for road formation, etc., on national , endowments to facilitate settlement of laud,' the Committee has inserted an amendment providing that all sums so expended with interest not exceeding 4A per cent., shall be the first charge on the national endowment account, anil payable out of that account.
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https://paperspast.natlib.govt.nz/newspapers/WAG19071017.2.23
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Wairarapa Age, Volume XXX, Issue 8558, 17 October 1907, Page 5
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109NATIONAL ENDOWMENT BILL. Wairarapa Age, Volume XXX, Issue 8558, 17 October 1907, Page 5
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