UNABLE TO BORROW.
LOCAL BODIES’ DILEMMA. GOVERNMENT ACTION SOUGHT (By Telegraph.—Press Association.) WELLINGTON, Thursday Concern at the inability of local bodies lo raise loans at rales fixed by the Loans Board was expressed at I lie Counties’ Conference In .lay and a report of flic committee which considered flic, remits was adopted. This report was that in view or I lie considerable dimrulty being experienced in raising «nom>> at I lie :: t per cent, prescribed and that Covernmenl institutions had been unable 1.. pro vide I hose funds, the Covernmenl |>.« requested to provide a fund from which the *u|equalr requirements or local bodies might be found at the statutory rate.
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https://paperspast.natlib.govt.nz/newspapers/WT19370827.2.126
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Waikato Times, Volume 121, Issue 20283, 27 August 1937, Page 12
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110UNABLE TO BORROW. Waikato Times, Volume 121, Issue 20283, 27 August 1937, Page 12
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