POLITICAL MATTERS.

Taranaki Daily News, Volume XLVII, Issue 7708, 10 January 1905, Page 2

POLITICAL MATTERS.

(Per Press Association.) INVt/ItCAHOILL, Ju. 6. Sir Joseph Ward vh interview#! to-day regarding Mr Masscy's comments ia Auckland on the disparity, between the G ovcrnmcnt's expenditure on the poultry industry and the returns therefrom. lie Mid"lt was not to bo cxpoctod that in start- flB ing a new Industry It should pay at ' once, That tho Government done the right thing wan shown by, the fact that tho return* o( ths » cond year were much larger in pro* portion to the department's expenditure on the poultry section, and he expected that as in other branches tbe Government had taicen up ia the interests of producers the industry would soon be on a self-reliant foot- « ing. With reference to • a northern paper's aaroaatic reference to hi* re- * k marks in Parliament against Mr * Masscy's suggestions that in fairness to depositors in the Savings Uaak' interest should lie raised, Sir Joseph Ward said hof still held the belief that the raising of the Savings Dank rate was a mistake, even in the interests of small depositors, as R .tended to limit the employment ot money. His motto was 'plenty of money at cheap rates.' That was the way to keep the country prosperous.