The Archive · 1920

Prosperity ASSURED

"By these means," said Mr. Ezra, "I think the Council would be as-red of an ample supply of silver for local requirements. I have worked it out and I calculate that from those who use power for lifts alone, apart altogether from mill owners etc., there would be an immediate contribution by the means I propose of something like Tis 100,000 to Municipal debentures.

"Further, by means of the gold loans, the Council would be relief ed of the continual pressure of finding money, in what is, after a small market, for large. pur ses abroad. And while the Electricity Department might have to curb its appetite a little for ex tensions, I am convinced that it ould not suffer any restriction f 5 legitimate growth."

Text read from the printed page and cleaned; old type leaves the occasional error.

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