"THE SLUMP"

Dominion, Volume 8, Issue 2324, 4 December 1914, Page 12

"THE SLUMP"

PAINFUL FACTS FOB ANTI- ■ • REFORM. Toother day the Christbhuroh ot>, position paper, referring to the State Fire Insurance Office, said: "The Blump last year is directly. traceable to the attack the Reformers made on this Liberal enterprise." The extent of "the slump" is apparent from the following table:— iear ended Premium Deo. 31. Income. £ - 1910 .... 40.552 1911 47,746. 1912 ..; ; 54.380 1913 ..: ; 69,418 And in just lie same way every other l thing has "slumped" under Reform. The Post Office Savings Bank, i for instance, showed the following excess of' deposits;— Excess of Year. .. . > deposits. £ 1912... ...276,000 1913 246,000 1914 (10 months).. 1,020,562 The "slump" is terribly plain in thd statistics of land purchased for 'settlement: — Area acquired Prioe. (acres). £ ■ > 1909-10 42.806' 209,793 1910-11 14,399 ■ 158,790 1911-12 44,447 881,483 1912-13 62,098 428,044 1913-14 141,062 660,708 As for the Pub'ic Trust Office, th« Opposition: cannot bring themselves tc quote the painful figures which short how the business of the office "slumped'' under Reform: — / No. of Value of Net Estates. Estates. Profits. £ £ 1910-11 ... 6112 8,112,342 11,241 1911-12 ... 6694 9,493,959 25,919 1912-13 ... 8496 11,268,311 27,551 1913-14 ... 9223 12,282,883 29,222 If it is a question of the rise of piiblie indebtedness per head, tho case against Reform is just as strong as the case disclosed by the above figures. Here are particulars:— . £ s. d. Rise in debt pei' head in last ' two years or Wardism' ... 5 7 4. Riso in first two years of Reform 4 9 0 It is just tho same with taxation per £ b. d. Riso -in taxation per head in. last two years of Wardisin 0 18 4 Rise in first two years cf Reform , 0 6^