CRISIS DESIRED
(Press. Assn.-
MEANS OF SECURING CONTROL OF INDUSTRY AND ASSETS OF BUSINESS opposition viewpoint
— By Telegraph— Copyrlght).
Rec. May 11, 11.10 p.m. SYDNEY, Wednesday. Mi*. B. S. Stevens, Leader of the Opposition, declared that if the Mortgage Tax Bill was passed, it would most certainly end credit in New South Wales. The PrCmier was deliberately precipitating a financial crisis so that the Government could enter into possession of industries and the assets of those businesses and institutions unable to find the money for the payment of the tax. The debate was not concluded. Well informed circles declare that there is no possibility of the measure passing the Legislative Couneil.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19320512.2.36.2
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 221, 12 May 1932, Page 5
Word Count
111CRISIS DESIRED Rotorua Morning Post, Volume 2, Issue 221, 12 May 1932, Page 5
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in