THE WAR LOAN.

Taranaki Daily News, 30 June 1915, Page 5

THE WAR LOAN.

GOVERNMENT .MOVES IN HASTE. CHECKED BY SIR JOSEPH WAUI). (By Wire.—Own Correspondent.) Wellington, Last Night. The first note of discord was rais-c 1 in the House of Representatives to-day, when tile (.ioveniment introduced its Loan Bill, ami demanded that it should be treated as a matter of urgency. Thoi -Minister for Finance bad embodied his" proposed war loan of £10,1100,000 in a. Bill of seven clauses, including somo amendments to tiic Public Revenues Act entirely unconnected with the war. The Bill was not one to be understood at a glance, and when it was introduced by Governor's message and the Minister suggested that it should be dealt witli " presently," tlie members ol' the Opposition had not seen it. Tlie leader of the Opposition rai-e.l a protest. He. wanted to assist the Min-

ister in all inn tiers connected with the war, he said, but the Bill was a complicated one, containing matters quite foreign to the war, and the Government was proposing to proceed with ji, bofore members on his side of the llouao had discovered what it was all about.He suggested that the Government should bring forward the war loa'n as a separate 'iiroposal. The .Minister of Finance assured tho House that the Bill was perfectly nnipjft and straipii h.nvaril, and then proceeded' to explain its clauses, which ranged from' the war loan to the prosecution of erring servants of loc:',l bodies and the handling of funds in the .High Commissioner's Of-

i'ice. He sugge- ted that any delay in passing the irvi-air,' was going to prove enibn"i'a--''ii'.r to !'ie men re* for adniiubt; ihc l''ii:i'M-i:'! a!! V.li's of tile dominion. But, oir.right was on the side of the OjquiMiion, ami the Prime Minister announced presently that the Government would not press the Bill l.hal day.