New Zealand International Exhibition Buildings Progress
Substantial progress reported on the New Zealand International Exhibition complex. Work nears completion on the art gallery tannery and concert hall with capacity and dimensions noted, while the Canadian exhibit annexe framework advances and overall contract timelines look favorable.
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Armagh Street
West Coast timber mills weigh shut down or merger
West Coast mills face low prices with talks of closures or a major amalgamation. A Greymouth meeting of sawmillers drew representation from most Westland and Grey mills. Export timber marked at 5s 9d per 100 ft, down from 8s a year ago, spurring plans for a large company to absorb possessions. A committee was set to report at next Saturday’s general meeting.
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Mr Seddons Scheme of National Pensions
Premier discusses a proposed universal pension plan in New Zealand inspired by Germany and Belgium. He envisions monthly deposits at the post office subsidised by the state, with 25 percent aid for the poor and tapering subsidy by means, to fund old age annuities for all classes including married couples with consent rules.
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