EXCHANGE BILL

Rotorua Morning Post, Volume 2, Issue 448, 4 February 1933, Page 4

EXCHANGE BILL

("Post" Special Commissioner.) ■

second reading i GOVT. SUPPORTED APTER 1 LENGTHY SITTING BY 1 NARROW MARGIN 1 MIGHT HAVE BEEN CL0SER I

Wellington, Fiidayl After sitting twenty seven houJ the House passed the Banks IndenmJ ity (Exchange) Bill and adjourned taj til Tuesday. 1 1 The climax of the sitting reached at the second reading divi9 ion when eight Coalitionists, MesstJ Wright, Harris, Veitch, Stewart, H[CJ Skimming, McDougall hnd Bodldfl voted with the Opposition and redacJ ed the Government majority to eigM This was ample evidence that had thfl whip-s not craeked the division woulJ have been even closer as H. HollanJ (Christchurch North) and "W. g| Dickie (Patea) spoke strongly againgl the Government's policy but supporj ed thd party. 1 Mr. W. J. Jordan who is on tha way to England, could not obtain pair and was the only member aiil sent from the Chamber. I Division List 1 For 43: Ansell, Bitehener, Broam foot, Biirnett, Camiphell Clinkatdl Coates, Cobbe, Connolly, de la Petl relle, Dickie, Endean, Field, Fortesl Hamilton, Hargest, Hawke Healyl Henare, H. Holland, Holyoake, Ju];l Kyle, Linklater, Lye, McLeod, Macl millan, Macpherson,' J. N. Massey, b'l W. Massey, Murdocb, j. A. Nasil Ngata, Polsgn, Ransom, Reid Samuell Smith, A. Stuart,- Hykes, Te Toi©! Williams and Young. 1 Against (35): Armstrong, Atmorel Coleman, Fraser, Harris, H. E. Holl land, Howard, Jones, Langstone Leel Barnard, Bodkin, Carr, Ghapmatil McComhs, McDougall, McKeen, Mcl Skimming, Mason, Munro, W. Nasffl O'Brien, Parry, Richards, Rushworftl Savage, Schramm, Semple, Stalll worthy, Stewart, Sullivan Tirikatenei Veitch, Wilkinson and Wright. I The Speakers | Speakers in the debate 'after midl night included Messrs J. Hargesl (Govt. — Invercargill), W. P. Endeail (Govt., Parnell), F. Lye (Govt., "Wai! kato), and K. S. Williams (Govt., Bal of Plenty) who supported the bill, anfl Messrs D. McDougall (Govt., Mataura! H. Holland (Govt., Christchurch North), A. J. Stallworthy (Govtl Eden), H. G. R. Mason (Laboui! Auckland Suburbs), J. W. Munr! (Labour, Dunedin North), J. McComl)| (Labour Lyttelton) and P. Frasel (Labour, Wellington Central) who opl posed the raising of the exchangl rate. 1 The Minister of Finance, the Sfl Hon. J. G. Coates, replying said thal the measure was a Government bill the Government desired it to pass ari Government supporters were askel to vote for it. | Mr. McCombs: The big stick. J Mr. Coates: No. It is a matter oi confidence or no confidence. 1