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1.—16

LiSTTER FROM THtf DaTHY FARMERS' UNION, WELLINGTON DISTRICT, TO THE HON. Mr. DOWNIE Stewart, Minister of Finance. (Referred to the Rural Intermediate Credit Bill Committee by the Right Hon. Mr. J. G. Coates, Prime Minister.) The Minister of Finance, Wellington. Rural Credits. Dear Sir, — Palmerston North, 23rd September, 1927. This subject came up for discussion at last meeting of our executive, and members were of the opinion that the minimum term of the loan—viz., six months—is too long, and that it should be reduced to three months. Can you please advise us if it is at all possible to have this remedied, if thought necessary, before the Bill becomes law ? Trusting that we are not asking too much of you in this matter, and thanking you in anticipation of an early reply. Yours faithfully, C. D. Fraser, Secretary.

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