THE BOROUGH LOAN.

Manawatu Times, Volume X, Issue 1350, 19 November 1884, Page 2

THE BOROUGH LOAN.

I ," ' „ to theT kpitobl ; " Sir,— As your journal is* an excellent medium for those who are hoi $f* ■ i tb6/^p^ncU l/ "t^;'o^retfi-' theh opirnoa on inajiter^s s^Leciiugth&io^ n, I will, ask you, wit.hoafc further apo« hgji to rittblish thislettej,.'--;'\TJb^rois.one;b^iiki'ptt''iiritf n: which .we arg 'ilqanimousj t'frai&f thie faturt prosperity, and" 9!fce.Elwg:jgr4wtU of PalniprßtQfi v .As^haa befn often Stated-, its jDjasitiomis iiMcb.i lt lms n must of necessity become aa important eettfcfe 4 beirig'a" pivot Ou 1 which the tra'nk ' tail ways (ijf thd North* Ist land wili turn. " . "-',' ' , .-; Itclepep^s yery piuch... uppn, tha present inhabitant e, as to, wh«the^ that developement and prosperiij^ shall be greatly enhanced, or stunted itiits Then I-httpe, we shall all t»e, cfe'termiped to 'db ' oii J '. part well, with no narrow mindedneiiiß but with a broad, liberal spirit, endeav vturing to grasp the importance of the subject, and of our , present iao» tions, to put shop Ider to Bhqtilder, r^menllijeftng^hat, 'ffhei'e "there ii unanimity', 'thbi^e is stfccW?. 1 1 * . I have hatched closely *" for |pmft time', the cfp.ings \ of ; Cpupc*il^ . : "^j opinion x>f;' the present CouiioU, ;g f that it is a yery .good one^ tajcep as % whole i that its members are aotuita ted with: ope desire/: viz., that; itbe town shall he well governed, * and that the ijnsh^B of the ©ajori^al ttofi ratepayers shall, ,))e CSplfd. Qiffil I most heartily "agree "with their proposalf, r6 'SSpfipO loi&n,; o<j# I \?ouldj(ere suggest that,' j«" thf es« penditure will :. benefit ; . all; time, future generations should bear part of the burden, vizi,, the money AbaulA be borrowed for a longer term j sar at the least 30 years, and as money is now m London, a drug' on th* market, it can be had for 4 per cent. H The most important <jonsideratio| is 1 the l|at)ility inehmd 'i& rowing so, larger site] jjat in' i|pe^"4 Wg ,&. . Jt^ll .S? , Tety e%,l(i squander the whole sum, an^ do, rerj little' good to jtheihorough^jeither- bow or m future; 1 I tKerefore 1 h6pe th»i the best skill it U_ possible to g«t will ,be obuined, to advise, and flan such' "schemes as will redound to the ' giorj'yfh^yiace. ;':"•;'?.': • ; . , It ii ft inerv secoiidar jr ; . m^lflr iKi ezpeDSe- of getting ; auch skill. If the^re is no fund available, strike » Mpiscial;rfi^ tocbterßUcfh cost, or ! i! thiti's'jbbjecte^ tdj', will not; ih% Ba^fe,a,^v^DQe a , sufljpjent' suni,' F 6r failing that, .get up sevuraVsujbdecin* tion iwts ; • I . wijl-voliinteer H ■ig^j and' solicit subscriptions' fci: so^'wira au object, ,V i r i -f{ ..-., -Xi presume mtk TOa.^eirs , as wa^er, drainage, .better aanitary arrangt* tnents^iaakiflg foot[mths to at lefts! tfc\ M}# %eeip, be lhe^rin^ §ipai wprlja qa whic^ ( tfie^n^n©y r '^9l be spent. ■ ' . , „: "' Irj regard to private streets, thesf mjght all be formed and metalled) phargijig. thejedbion.-jholders m" sixpji streets wjth the, oost, by a ratft*^ accordance wi|h th^e. Aqt, > «nle^ some letter projidßaj^a Mrtho^?ii|f» Biif, h'cwever'th^fr mafbe, ,!-<»& cere}? hope that all j; selfish mottyei wili be buried, and iha^we.jßhall tall be agreed to promote- the genoial welfare of the town and district. Let iinitiy and '.progress ! be our . mottoj Everjihuig'.ai^uni} iis' n .p6|nt3 -KiSw ward !-' Pahnertetou Noith' is h'ardfy yet m its infancy, andi our resource are'not'yet' ktiowri;' : 'All'; honor 1 : tb those'wiio fiave glided dfi:egle| tKe ajff lira of^the 1 gl^qe 1 ijr to i£§ Bret seui diE!veio}.n)ent. Let me hero^Hji a simile. The r e is, a statue gf §x*§ft^ symmetrical beauty M^he ©ye te^ta upon^it with ■■(joi{p-^i^ ; "^tttoiry U made, ~WlriHs the artj&rF- ~Wq «re. jije squ^ptors of the .future; [et^s do our work that , succeeding ge|en* tions may inquire, Who were l thea^ tilts ? because of their .appieciatioy of our.deedd done.— ?l . ■" ' JAMKB GitACB,