CUTTING DOWN.
REDUCING STATE EXPENDITURE. DETAILS OF SAVINGS. By Telegraph —Press Association, Wellington, Last Night. In the House to-day Mr. Massey read a statement which he had received from the Treasury showing a reduction in expenditure up to the present time as follows: Salaries and wages, £907,041; subsidies on flour and butter, £646,093; savings and interest and sinking fund, by using ordinary revenue instead of borrowing, £888,750. A further saving, he said, had been made, amounting to £240,000, by the demobilisation of 809 officers in the Defence Department. Mr. T. M. Wilford (Leader of the Opposition): “We had that last year.” Mr. Massey: “Retrenchment has been going on all the while and wiR continue.” The statement would, he thought, serve to check the impression that nothing was being done to keep down expenditure in the public service. Mr. Wilford: “Why has it gone unchecked -so long?” Mr. Massey: “I do not tell the House what 1 am going to do; I prefer to tell you what I have done.”
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Taranaki Daily News, 14 October 1921, Page 5
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169CUTTING DOWN. Taranaki Daily News, 14 October 1921, Page 5
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