BORROWING.
i The borrow ing operations of the Ward Adtainisti-atdon are defended on the giround that the money borrowed is largely expended upon reproductive works. Did it ever occur I to the special pleaders who set up l tibia defence, that .the late lamented I John Ballance declared upon more than one occasion tibia* borrowing on I s& extensive scale;., for whatever pur- , pose,. would land the Dominion in v trouble? Has the policy of selfreffliance \vthiah; hie enunciated twen-ty-one. <yearsi ago been absolutely renounced? Is it'not an insult to the memory of the man whose great inteleotuaiLity and personality brought the Continuous Ministry into ■ existence tjhat his policy of self-reliance .should be treated with contempt and scorn? The' financial plunging of tike last decade is almost sufficient to I make the deceased statesman turn in his grave.
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Wairarapa Age, Volume XXXII, Issue 10470, 7 November 1911, Page 4
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138BORROWING. Wairarapa Age, Volume XXXII, Issue 10470, 7 November 1911, Page 4
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