DOMINION’S EXPORTS.

Manawatu Herald, Volume XLVI, Issue 2716, 3 April 1924, Page 2

DOMINION’S EXPORTS.

FIFTY .MILLIONS,

FURTHER TAXATION RE DUCTIONS.

(Jlirislehurch, Last Night.

“I think the record of last year’s finances will he very interesting and not unsatisfactory to the people of this, laattUfOo-L-nsaid. At r. .Massey after informing a deputation to-day that he hoped the Financial Statement would brought down soon after Parliament met.

"I wish we could keep on the same lines for the next ten years,” he continued. “You will he able to judge for yourselves so far as expenditure of public money is eoncoueerneil. We have been expending half u million on public works and development lias to go on. You ‘ wilt see w hen you get the Public Works slntment. that. all public works have not been paid for out of ordinary loans, it would not lie wise to go beyond the expenditure of half a million on public works. We can stand that, i think development is very satisfactory. "You will get our exports in a few days. If we are not up to £59,0110,999 in exports this time we will be very little short of it. It is a tremendous thing, even allowing for the increase in the price of wool to produce, export and turn into cash that amount of wool, mutton, butter and cheese. “As long' as we can do that, well, our debt'Won’t troubUPus very much/ “In connection with the debt I do not know what 1 am going to be able to do. I recommended a reduction in taxation last year. 1 hope to see my way to--recommend Parliament to make a further reduction for I know no country'can prosper under an unnecessarily heavy load of taxtion/’