“SOUND AND PROGRESSIVE”

Sun (Auckland), Volume II, Issue 499, 31 October 1928, Page 15

“SOUND AND PROGRESSIVE”

LABOUR’S FINANCE POLICY j MR. A. S. RICHARDS EXPLAINS 1 A crowded house greeted Mr. A. S. j Richards at King George’s Hall. Mount Albert, last night. Sir George Fowlds, in introducing the candidate, said he had known Mr. Richards for many years, and could vouch for his good character, also he could assure the audience Mr. Richards had the necessary knowledge and ability to represent Roskill in Parliament with credit to Roskill and himself. The candidate gave a lucid explanation of Labour’s land policy, finance, housing, motherhood endowment, and other important parts of Labour's platform. Mr. Richards emphasised that under Labour’s policy anyone could sell, bequeath and pass on any property from person to person. Labour’s leasehold policy was practically the same as the Ballance and Seddon Act, except that they would notallow trafficking in titles which had brought the Dominion to its present state of huge land holdings and combined wealth on the one hand, and a mass of poor to poverty-stricken people on the other hand.

"Labour’s finance policy will give New Zealand steady, sound and progressive improvement," he said. “Some loans will be necessary from time to time, but extending the operations of the Public Trust, the Post Office Savings Bank,’and using the Bank of New Zealand and other sources of revenue Labour will gradually find much money internally for settlement and proportionately reduce foreign borrowing and build up a sound finance policy. “Labour’s policy is not for gamblers and profiteers,” he added, “but for genuine settlers and business inter-

ests.” The candidate was accorded a unanimous vote of thanks and confidence in himself and the Labour Party.