“NAME HAS SLIPPED”

Taranaki Central Press, Volume IV, Issue 439, 21 May 1937, Page 5

“NAME HAS SLIPPED”

New Zealand’s Reputation “No one can afford to ignore the serious business of keeping the management ot our country on sound lines,” said Hon. A. Hamilton, leader of the National Party, when he delivered an address to a gathering a(t (he National Club, Wellington, yesterday, over which Colonel C. H. Wesson, K.C., presided. ‘“ln the past,” continued Mr Hamilton, “New Zealand’s reputa ion stood high in the eyes of the rett of the world. We were regarded a s sound, and our credit stood high, but I am afraid that the name of the Dominion has slipped down to some ex ent, in that 300 millions is being collected in taxation and revenue and is being- spent, and that is in addition to borrowed money that it also being expended. We cannot say how much more than 30 millions has actually been spent, because although the ac_ counjtis for the financial year have closed they have not yet been published. Those accounts will be very interesting when they are available,”