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The Loan Problem in River Shire Debates A Large Borrowing
The article discusses River Shire Councilors led by Dr Pridham favoring a significant loan, potentially £30,000 to £40,000, to fund roads and a bridge. It notes interest, cost to ratepayers, and risks of delays or misallocation, urging a transparent schedule showing who benefits, while warning higher rates may follow.
MENTIONED IN THIS ARTICLE
BR Robe Shire
Dr Pridiam
Dr Robinson
Cr Pridham
Kraybrook
Comenna
Ed Direct
Saris
Willi
Conncilions
Sunshine
Railway
Herging