PARLIAMENT.

Taranaki Daily News, Volume LII, Issue 224, 27 October 1909, Page 2

PARLIAMENT.

TUESDAY, UCTOUEtt Hi. HOUSE OF REPRESENTATIVES

By Tclcgrnph.-Press Association. Wfllington, Last N !«»<■■ Tlii! House met at 2.30. I After formal business, Ihr;/ ll ' m ' ( '' lm 7vcd a vol,. «>£ condolence with tiio re-fm-:nrrlv » Mini-tor ol tin; frown to uhom in' paid a HiKli lrll, " l,! " s " " , ' 1 " ~,,,', Messrs Anderson nnil Allen support-.lolmk-c with ll„' r.-I'il'W* « tl ", l, | Hiiu'c of Represent" I,vcs. Mr. Mussc>. IM w..ii<lii.s,«W-l'-llh»l ,!,.,-,..™tlvr „t tin- 'I I '"'•'"'""* IJolli motions were ajirml to. .mil tl • Pin-,' i,ili„„n,,-,l „* ,i """' k "' ,' ,V I"' H '■" th,. deceased.

KVKXIMI SITTISC l„ n„. ||„„s,. in tin- evenou:. Hi,- I"' low'i.a Hills «<•'■'■ iitli-»<lu.-...i l,> <... v.-i.. ,„- M,„;,»,. „,„1 ,™,l « H,'-l l'"" : " ' y,.„- Zealand SI""' On""'"' * All Vlllk'l'S !,„'l I'll" 11 "" ,l I" 1 '" 11 "' ''" x -

JTIII.IC I'lNAM'l-:. Sir Joseph Wiir«l i»"V,I H"' ;•';""'"! ruling of tl„' l'i.l.l"'«- WorkK ■■»«' 'l'"' explained tin. "Vied "I' 1'" l,,n ,'""','

not intend to repeat hi" "■'■'•" ' , ; „l.'ic indebtedness «•«■< *''•'»'>«•■'* > "" ri,«l and figure, cited to .how toe W increase hut it was not tiur to nicnlnu

these, without stilting how the n,o„;-v was invested. The Opposition's attitude it, criticising the government- linnnce while drmamliiifj expenditure mi pnl»liiwr*!;s was indefensible and inconsistent. Mr Masscv enndemned the unseemly hn«tc in bringing in the Bill providiny for loan of a million when the House had only just been informed of tne fitrin. cial position of the Dominion. Tne country was too dependent upon borrowed money mid there was too much soci'cev observed in regard to the financial

operations of (lie fiovcrninml. fl' charged the Premier with niislomluif' llic ' com.trv in regard to the recent loan. He declared there was u deficiency dunes • the. first six months of the rear of Cl2j - 0(10, yet the Treasurer, by bringing forwaul a surplus fro.m lust year, made out a credit balance, which was unbusinesslike Continuing. -Mr. Massev said he expected More the session ended proposals for increased taxation would lie put before the House. He urged that something be done to encourage llrit'sh investors to invest money in I lie Dominion. Money had been dearer for I lie pa*', twelve months than for the past eighteen years. ?li. Ell said the incidence of taxation had been in the direction of Imrdeiiiii" the poorer classes. He advocated in creasing the tax on the wealthier pcopi-. Mr. Masscy could rest assured that future taxation would not iie upon the small settlers. Mr. Allen said it ennld not he denied that the public indebtedness was inereas- ; ing and the railways were not prodti" tire! He-contended they were not pa ■• , ing interest out of ordinary revenue. 11 Th'-y had been borrowing for the puri pose of paying interest, lie held the i Government should find out the actual , needs before liorrowing instead of Imr- [ rowing first and then allocating lh» I . vhole amount, which was bad in prn- I cip'e and had a damaging effect on :lie [ credit of the country. He hoped the . Government would. cnt down expemV.- ] hire and make the present, loan til' B Mmch, 1011. Mr. Allen, continuing, sail , there wng a great deal of waste going I . on : n connection with public buildings. 3 Mr. Herries, while supporting thelii'l ! said the Premier should point tn the limitation of future expenditure. A pio ' gressive borrowing policy should be aecoinpanied by a progressive land polio;-. , There was much wasteful expenditure ' connected with making roads. ' Mr. K. McKenzie defended co-operative works, which he said were satisfaetori'v giving the country good value for the

money. Replying to Mr. Allen's statement that the flovcrnmcnt should cease horowing for public works till lull. Mr. McKenzie believed that the loan would have to Inet till then, ami it therefore beh.Wcd members to exercise self-dental ill making a request for expenditure Referring to Mr. Masscv's criticism of expenditure on public buildings. Mr. McKenzie held these lo be of a highly >vr.rodnctive character. .■>« it obviated the C'oieminent paving rent. Mr. l,an;r considered expenditure on roads construeled bv co-operative labor wasteful. Mr. T.anreuson sihl he was prenarel (,-, as=.sl the ab.-didiiiia of hop mv j n „ if ,'.,, Opposition acrecd to taxation On those abb to lmar ii. He snage.led the adop firm of lb,. HriiisJ, Htidtrei principle nl iniiins 20 ner »ent. of the unearned increment hi land, ~-liioli would nrodn-c CI. I on non. Mess... WrijU and .Teiniings continued the debate. (l.cfi Si|li„ s ).