STATE NOTES.

Dominion, Volume 2, Issue 432, 15 February 1909, Page 6

STATE NOTES.

DEPUTATION TO MR. HOGG.

'i';■'",-■•; (Bi\ IKtßOftirn—ritESS. iSsocuTibs.);':;y;\; '■■■' :.'■■ ;- I ;''■'■: ; /'/Wanganui, -February;. 13.;y '"A' local-deputation', waited' on tho; Hon; A. : W. : -Hogg this -morning ' regarding. ;tho currency question,;, stating.; that the. stringency 'of tho' legal .tender , was ; Tostnchng industry and causing, unemployment., ■ihey considered that.-.tho; Government- might issue its own. paper,.: and';.use, it., .to;.; pay for 'the public.; works, ; thus-, keeping , ; . the ■workers employed, instead of diECouniing _it"abroad.., /■ Moreover, , -it-seemed y;absura to :have to ; pay.- interest ■ to foreign . moocy-lenders-for/the privilege - of employing our r; selves on:our own publicworks. ylhe.depu-. tatibn. pointed/tO'.the success of .this.Course inJother 1 countries, yy . , ;:.'/:! '"' :i ■':•■ The .Minister' s expressed', pleasure. at ,tne ■matter boing broxight up.and said ho'.wa'siinentire sympathy with tho -deputation's .views, ■fle."thought' it : /was tho./right thing:to;.do, but pointed out that ho wasrohlyyono: memr;. her of the Ministry.,: Every; young ..country, "needed amploycurrency":to develop its -.;• resources;-' :a ho .Government:. was : 'endeavour-, ing to develop'.industries' and /open up"the ; country; but. were" blocked by /want of currency.; ' The banks! at/some/ times; lent" money freely on reasonablei/seourity,/, but at others/called, it,in There'.was' depeudonce on their .advances, for--asteady supply.! -.-. Various . Governments '■ .. elsewhero had used a State issue, of currency with. ad-; vantage: / Ho acquiesced in,' all that hrid boon , said,,and; woiild.do/all he could to help tho matter aloug.y;y/ :/ ; /;;/y:y ; y,.;; y;.