The Cheap Money Act is turning out precisely as we anticipated. Applications iti'e already coming in shoals, and the money available will be asked for many times over,' It is said that tho Board will have to sit night and day for the first month, but this yte regard as an absurdity. The only possible courso it can adopt is, the selection:of the fittest, and even with a thousand applications before if simultaneously.this is a task h(it conic] bo despaiolied by, business I
tainutes to detei'miino whether any parfcicuiarapplicatioiiought to be tic-, ceptod or rejected, and if the new ; Board understands its business it will ■ have no difficulty in dealing promptly withevery. transaction. The excessive numberofapplications simplifies its task by enabling it to at once elimiuate every weak security. .. . - .
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Wairarapa Daily Times, Volume XV, Issue 4901, 13 December 1894, Page 2
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129Untitled Wairarapa Daily Times, Volume XV, Issue 4901, 13 December 1894, Page 2
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