LIBERAL PARTY’S PRAISES

Sun (Auckland), Volume II, Issue 492, 23 October 1928, Page 12

LIBERAL PARTY’S PRAISES

SUNG BY MR. S. C. G. LYE BOLD FINANCE ADVOCATED “The Land for the People,” was the subject taken at Frankton last evening by Mr. S. C. G. Lye, LiberalLabour candidate lor tho Hamilton electorate. The Liberal Party, said Mr. Lye, had introduced the advances to settlers scheme under which £40,000,000 had been distributed to farmers, and it had also introduced the co-operative system in industry in the Dominion by which the dairy industry had achieved its present prominent position. He quoted figures showing that there had been inequitable incidence of taxation since the Reform Party came into power and said that, while the tax on incomes at. the bottom of the scale had been increased, that on incomes at the top had been lessened. At present there was no money to spare for the closer settlement of the land, and the only hope for increased farming lay in Sir Joseph Ward’s scheme given in his policy speech in Auckland. Mr. Lye strongly advocated the raising of a big loan which would enable the Taupo railway and similar works to be completed rapidly, and declared that the farmer would always be an impecunious struggler until a bold system of finance was adopted by the Government.