"MOST DANGEROUS"

Rotorua Morning Post, Volume 1, Issue 194, 9 April 1932, Page 5

"MOST DANGEROUS"

("Post" Special Commissioner)

lafiouk criticism JuQSTILITY TO EXPENDITURE ADIUSTMENT BILL DEFENOED BY MINISTERS

: _ WELLINGTON, Friday. Brief, but strongly eicpressed Labour commerit followed the introdqction of. the Natiopal Expendilure, Adjustmerit Bpi in the House of Representatives to-night. "It is quite clear that the Bill is 'one of the most dangerpus and re^ctionary pieasuresr over pl^cpd ]3tefore fhis- Parliament," said $r.: H.;JE. Hollanfi, Leader .of the Opppsition. "This measure Yrill inflict injury ^nd hardship on most of the people in New Zealand and apparently the ipterqsts that it will mostly serve will be the interests of the great financial institutipns." . Tl^e Prime Minister, the Rt.,Honf G. W. Fo'rbes replied that the Bill had been intrpducefi after a great deal pf consideratibii 4nfi he paid-t^ibute to the manner in which the Minister of Finance,, (the Hon. W. Downie Stewart) had worked on tfie legislat-|pn. He believed that in the Bill justice had bpen. done to, all sections of the epmr riiunity and he. wns pntitled to expeet the support of/^he Labour Party. A Labour memhers. You wouldn't go to the .country on it. Mr. Forhes: Oh yes we would, Mr. J. McCombs (Labour, Lyttelton). spidl the Bill ought to be called ihe "Wholesale Repudiatiqn Bill." iriStead.of thinking in terms of depression, the Government. should be thinking in terms of national prosperity. Mr. R. Semple (Labouy, Wellingtbn East), said the Bill was the crystalisaiion of mental banruptcy, . The Rt. Hon. J. G. Coates said he was forced to the Copclusipn thjat Labour members did not reqlise the terious ppsition of the country. The Government had shown the country what it believed to be the only pos.sible klternative. The proposals placed before. ihe house wero part of a three years' plan for reaching Budget equilibrium. The first reading was carried by 43 votes to 24.