BORROWING.
The real charge against the Government is that New Zealand alone of the Australian States has failed to make use of the exceptional opportunities offered by the last ten years of prosperity, says the "Southland Times." In Australia some of the States have ceased borrowing, and some have actually reduced their debt. To JSlew Zealand alone belongs the questionable distinction of having increased the rate of its borrowing in the fattest years it has ever had. The years when a country's revenue increases beyond all expectations are surely the years when it should have been able to redeem some of its pledges. If Sir Joseph Ward thinks otherwise he ought to say so, for if there is blame to be attached anywhere, it must be to the "great Liberal Administration."
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Wairarapa Age, Volume XXXI, Issue 3030, 29 October 1908, Page 4
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131BORROWING. Wairarapa Age, Volume XXXI, Issue 3030, 29 October 1908, Page 4
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