STABILITY NEEDED IN DOMINION
Economic Disaster As Alternative
WARNING BY MR. FRASER
The need for economic stability in the Dominion if disaster was to be avoided was emphasized by the Prime Minister, Mr. Fraser, during the com-, mittee stage of the Fair Rents Amendment Bill in the House of Representatives last night. It had been pointed out, said Mr. Fraser, that the Bill did not cover the rentals of warehouses, shops, or offices. It would, however, be claiming too much for the Bill to say that it would solve all the rental problems of the country. It was clear that office rents and rentals of all kinds must be dealt with, 'but not in a Bill of that kind. They must be part of a general stabilization programme, involving costs, prices, rents, wages, and all other matters which could and should be controlled for the duration of the war.
“We are dealing with a most important problem,” said the Prime Minister, “and if we do not take action we will inevitably land the country in disaster. I think such action will take the line of general stabilization, and if we do not carry it out we will not maintain the economic security of the country or the standard of living of our people.”
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https://paperspast.natlib.govt.nz/newspapers/DOM19421022.2.15
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Dominion, Volume 36, Issue 23, 22 October 1942, Page 4
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213STABILITY NEEDED IN DOMINION Dominion, Volume 36, Issue 23, 22 October 1942, Page 4
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