COMMENT ON THE BUDGET
-Prcas ABan.—
"Loan Expenditure Looks Big" LONDON PRESS VlEWS
(By Telegraph-
-( , 0-right.)
(Eeceived 29, 12.40 p.m.) LONDON, Sept. 28. Commenting on the Hon. Walter Nash's Budget, the Daily Telegr'aph 's City editor skys:— "After mkny yS|^ of public econo&ies, the pkbllic and pblltical demand for increaSed Government capital expenditures has obviously become irresistible. Neveftheless, Mr Nash's figure of loan expenditure on Public Works for the current year looks large in relatiott to tke population of the Domlnibn.'* The London Labour daily, the Daily Herald, in a leader on the New Zealattd Budget, declares: "All is not horror itt the world when there are countries like New Zealand in which gbbdwill, wisdbni and peace are successfully creating islands of happiness. There, under democratic rulc, wages have risen, exports hatb ittcre(«|e$ Md big Dttblic Wofks havb b'efeh ckfried but without adding to tho State's nominal debt. "People move in freedom and security. There are no arrests, no political detentions and no execntions tb overshadow life . It is a happy little country, with big lessons for bigger nations. " -
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Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 5, 29 September 1937, Page 5
Word Count
179COMMENT ON THE BUDGET Hawke's Bay Herald-Tribune, Volume 81, Issue 5, 29 September 1937, Page 5
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