ANOTHER MEMORIAL

Evening Post, Volume CXIV, Issue 126, 24 November 1932, Page 14

ANOTHER MEMORIAL

CITY MEMBERS' VIEW

I /The move -which has been started by prominent "city Coalitionists to organise opposition to political interference with the exchange rate has taken - definite shape, and arrangements are being made to have a memorial presented to the Minister of Finance (the Hon. "W. Downie Stewart) on his return to "Wellington this afternoon. It is also hoped that the movement will have gained sufficient support to enable representations to be made to the Prime Minister and his colleagues to-morrow. ■"We1 are determined to stand foursquare in our opposition to any artificial raising of the exchange," said one of the city Coalitionists last night. "We are counting heads and we are satisfied with the result." The prominent oppositionists, state that with the assistance of three ■ Independents—Messrs. Wilkirison, Bushworth, and Atmore— they have in sight at the moment twelve members who are prepared to resist political action 'to raise the* exchange rate. It is pointed out that'not all are necessarily low exchange advocates, since one. or two subscribe to the view that a free exchange policy is desirable. The nine other members whosa names have been mentioned -in association with those of the three Independents are Messrs. Wright, Harris, Bodkin, Macph.erson, Stallworthy, H, Holland, Veitch, Dickie, and McSkimtning.