PRESS OPINIONS.

Wairarapa Age, Volume XXV, Issue 10713, 9 May 1913, Page 4

PRESS OPINIONS.

Had the party been loyal, Sir Joseph Wai'd would probably never Jiaye retired front the leadership: is the loyalty of the party aiow so certain that lie will consent to resume the leadership? We doubt whether the question can be answered affirmatively to the satisfaction of Sir Joseph of anybody else. To accept the leadership of a party which callously deserted him at vhe first hint of disaster may be a swain even on Sir Joseph Ward's magnanimity.—Southland "Times."

Capital aud Labour are dependent on each other, and the people are dependent on botli. Why, theiir could not all be represented upon some periodical congreas, at which the interests of all could bo dispassionately discussed?. It seems to us a scheme which is entirely practicable in the liatmls of earnest -and capable men and women bent on finding a solution of the comparatively artificial difficulties which aire being created for us.—Hastings "Tribune."

Loans for short periods are never raised except at moments of serious financial stringency, when interest charges are necessarily high; further, loans .for short periods are only temporary expedients to fill a gap and enable tho .borrower to wait fo:' better times. And now, as the Liberals predicted, the London money market is easier—a fact for which the Reformers, we presume, wil hardly.venture to claim credit—New Zealand as a result of th ewise foresight of the Liberals in arranging loan .for only two yeads, is able to loan for only two years, is able to readjust it on more favourable terms. —Auckland "Star."