The Guardian And Evening Star, with which is incorporated the West Coast Times. THURSDAY, SEPTEMBER 14, 1933. THE SESSION.

Hokitika Guardian, 14 September 1933, Page 4

The Guardian And Evening Star, with which is incorporated the West Coast Times. THURSDAY, SEPTEMBER 14, 1933. THE SESSION.

In about a week’s time now, the session of Parliament will be opened, and it promises to be above the average in matters of public interest. The financial position having eased to some extent, less time will be devoted in that direction for, particularly, additional taxation will net be expected, Rather may we hope some reduction may be possible in planning for the year’s operations. It is something of advantage to ■ know that the more critical period has passed, and that it is possible now to turn attention in oilier directions where, nevertheless liuancial obligations are involved. It is good to know that emergency legislation is not likely to be proposed, excepting in regard to measures already passed which require amendments to give clearer expression to a difficult situation. The tariff is not likely to bo- revised at the coming session. A commission now holding extended sittings, is to report to the Government, and till that is available it is obvious Cabinet cannot consider the question in serious detail. But New Zealand has certain obligations in respect to the Ottawa agreement, and some statement of policy" in that respect will be expected. The Government evidently in tends, to . proceed with the Reserve Bank bill which has been on the stocks for some time. There are signs and 'portents that it will be produced for serious consideration, and if so, it will probably result in being the star item of the order paper. Reference will be made to this topic of such wide importance, later. The Dominion lias been entering into treaty obligations with both Australia and Canada, and these will come forward for ratification. The acceptance will involve customs’ resolutions to bring the changes into line, and this action will be provocative of debate", Mi- Forbes who will return very shortly, it has been suggested, lias an important statement to make in regard to one aspect of his mission ho London, The exact nature is still shrouded in mystery, but from hints which haye been dropped, it js expected to’relate to some- arrangement whereby oversea - interest on ..State loans may bo reduced. This, of course, is a highly important matter to the country, and if a- -district savng could be made in that direction it would be one definite reason why taxation should not be increased. Ratlier it might be a reason for granting some concession and so freeing more individual money for development or expansion. The question of local body interest overseas, and especially in regard to the extra cost under the high exchange of New Zealand, will also- be -discussed, and the Government will require, to state a definite policy. As t 0 general legislation, there are various matters mentioned from time to time on which Ministers have expressed a desire to see brought forward. If the way is clear of the emergency acts which hitherto had the right of way by reason of urgency, several general bills will be- foi-thcom-ing. The session, therefore, promises to be a busy one with the most general scope of business considered of late years. The meeting of Parliament should therefore be of wide importance nr>d have a definite impress on the affairs of the country.