“BILLY” HUGHES

Hokitika Guardian, 25 September 1930, Page 6

“BILLY” HUGHES

MAKES POLICY SPEECH. (Australian Press Association) (Received this day at 8 a.m.) SYDNEY, Sept. 24. Mr 'Wm. Huglise, M.P., as leader of the small political group styled Australian Party, whose candidates ;at the forthcoming State elections number about a dozen, outlined his policy to-night. All references to Sir O. Niemeyer’s mission were satirical; He denied that wages in Australia were' too high. V He declared these wore fixed- by arbitration according to price levels, and said the Australian Party would resist any attempt to reduce the standard of living. Also it would see to it that the rights of both capital and labour were adequately protected. He contended that Australia was as solvent to-dav as ever. Tlie proof whereof was disclosed by all tlie bank balance sheets. The credits should be mobilised in order to assist private enterprise. The overdraft rate should be six and a half per cent which would stimulate industry. Taxation should be substantially reduced and business and company management called for thorough reorganisation. Tlie Australian iPaJrty would abolish ..all Legislative Councils, greatly reduce the membership of Legislative Assemblies and abolish State Governors.