PARLIAMENT.

Press, Volume LXVIII, Issue 20488, 5 March 1932, Page 17

PARLIAMENT.

tg£ OF REPRESENTA-iess-in-reply debate. ' lftti9 ASSOtIATJO* T«LEOBAI£.) WELLINGTON, March 4. flia House of Representatives met tl&30 «* m - Hr R Lnngstone (Lab., Waimarino) notice of llis in t ent i° n to intro- £** jj, e Licensing Amendment Bill. Gaming Amendment Bill, spou-■'-rV bv j{ r H. T. Armstrong (Lab., '•fourth East), was introduced and «].• Addresß-in-Reply debate was j jjy Mr J. O'Brien (Lab., Westsaid that the method pro--1 hy the Government to aid the ' j^ ra a nd others who weic in diffi- ■ to add to their burden by - purchasing power. There one thing that the farmers wanted anything else at the present "l! and that was a reduction in in~lL't iate«. 0 'Brieu went on to the importations of coal by tiia Covermnent, declaring that this increased unemployment among jjggiaioi! miners.

} > free Exchange Wanted. Ifr w J. Poison (Ind.. Stratford) Jkd that there had ever been a from the farmers for a high rate. What they wanted : free exchange. He agreed that V 7 „ ro b!em 0 f interest rates should be but he was not in favour of . lautftniy reduction, pointing out that SL greater part of Government money krtSed in mortgages had been borf Mfffd overseas and it would not be " i«irablo to reduce the rate on these * but. because it would prejudice New iiiStftod'* position on the overseas jJjgSgt,. furthermore, local bodies' ■HBSr fttn4s and the Public Service funds were largely inthese securities. He beERmd that the position would be best Mftfbr' extending the powers under Belief Act to give re* ! M i*'the form of a reduction of both and principal where such relief m inquired. _ ■ - Vj p, W. Schramm (Lab., Auckland M'tot). said that it was evident that the ', figfenunent was determined to pro""'leA bondholders and intended that the broken should bear the full burden of U'amfees that had to be made, ii* llr A. E. Ansell (C., Chalmers) said . Hat any further proposals for econ—_«,i <a>efi£ces must be accomIwures for a reduction in , and other fixed charges, ytone (Lab., Waiinarhio) the Government was esent economic situation ej, without a message, and ris ((!., Waitemata) said question called for imion by Cabinet. A good (e had already been caused big commercial houses had e sums to London with the vinfe themselves higher lange.. He considered that would have the effect of rn our credit overseas. r . Debt, Problem. Tub * (Lab., Hutt) said iebt ■ problem ■ was a i.There " might be Igttf made by which Geres relieved from the payitions because it was imrto pay, but the cancellations and war debts bead nation would result in tting more heavily taxed He did not think there discrimination between debts incurred before war. What was wanted lent of all debts—a scaltth principl and interest, for Agriculture, the Hon. n, denied that the main overnment proposals was . He read the reference r-General's speech to the the Mortgagors Belief hat surely meant further cpense of the mortgagee, ntion of the Government measure of relief from baps were getting too ist rates. He declared nment was endeavouring )le to bring about equalised Distress. .rmstrong (Lab., Christlaid the people in New nogt reached the limit of ee. Never previously had i an abundance of life's ; never before had there distress. Labour's prethe workers in the Doultimately be on a rewas rapidly approaching and (C., Christchurch I to the recent political i Great Britain and urged in New Zealand to* sink ss and work for the comhe Dominion. Lab., Timaru) expressed ) Mortgagors Belief Act led to afford greater propwn tenants and small a in the direction of pree of their chattels when were in arrears, as interrupted by the ristse at 5.30 p.m. till 2.30 ly. HVE COUNCIL. ' QUESTIONS. OOATIOa TSLBOJUH ). LLINGTON, March 4. ve Council met at 2.30 e Address-in-Beply deJ. Carrington referred ace of New Zealand on laid farmers had worthpart by increasing proZealand was now faced iity of living within itd i co-operation of all was Ang the position. The the statesmen of Great be followed in this M. Thomson expressed Government was reduco kindergartens and for eh work. The decision of the ftur training colobe deplored. It was ti a tree, but very diffiup again. He favoured ■ "Hansard." r James Parr said he at New Zealand should with Canada, but not uid injury of Great Brisent position sas very • Canada was entitled farmers, but she could

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not complain if New Zealand preferred to buy her cars from Great Britain. Dealing with interest rates, Sir James Parr said tfyere were two ways to at- i tack interest. One was to tax interest, and the other was compulsorily to reduce it by legislation. Parliament could not have it both ways. If both methods were adopted they could not expect people to lend money on farm lands or on so-called gilt-edged securities. He welcomed the British tariff, which would benefit New Zealand more than the manipulating of our internal moneys by exchange processes. At present meat was out of the tariff, but they could not afford to allow that position to continue. At Ottawa they would have to bargain for an English duty of lid on foreign mutton and lamb. Given a guaranteed market, Australia and New Zealand could supply all Great Britain's requirements. He was confident that opinion in Britain would be favourable to a duty .on foreign meat. There would be a price to pay for such a duty, and that would be that New Zealand would have to buy English manufactures. He was of the opinion that the tariff should be supplemented wjith the quota 1 system, under which Great Britain would effect complete controj over her imports. There was a great market in Britain in foodstuffs, and 'the Dominions should endeavour to capture it. The Hon. A. P. Hawlce suggested that the Government might consider the granting of a bonus on butter and cheese, and even on crossbred wool. The smaller farmer especially should be assisted. After the Hon. J, B. Gow had replied briefly, the motion was carried, anil the Council rose at 4.50 p.m. until March 15 th.