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BUDGET LEAKAGE

TRIBUNAL’S REPORT.

PRESS COMMENDATIONS. lIIII'I‘ISII TRADITIONS UNIMI’AIRED (omclal \\'lreless.) (Received June In, 1.45 p. 111.) RUGBY, June 3. The thoroughness and Impartlallty wlth whlch the trlbunal on the Budget. leakage conducted the lnvestigatlons and the preclalon wlth which the oancluslons were expressed In the roport la regarded by the newspaper: as a vlndlcatlon of the reputatlon of palltloal life In Brlcaln.

The Times says: “A great. public scandal has been removed from the region of rumour into that of an authoritative pronouncement. From the foul atmosphere or mutual distrust generated i'or example by the stavlsky unfair we have been saved by the prompt action ot‘ Parliament and the dispassionale logic of Mr Justice Porter and his colleagues." A satisfactory Feature. The Morning Post says: “ The most satisfactory lcaiure or the whole mis—erable al'tair is the refreshing evidence it al’l'orded oi' the undiniinlshed .iciil—ousy with which we continue to guard the integrity of our public lil'c." ‘ An Indlecretlon. liho Daily Telegraph says: " Even wiicn the whole responsibility for the disclosure of Budget secrets has been placed upon Mr Thomas, the public remembers the long record of his services as trade unionist, member of Parliament and .\liiiisier for live dit—t’ercnt cabinets. Public opinion, when the tirst excitement is over, will re—‘gard the disclosure as an indiscretiun and possibly an unconscious indis—icrotion, reserving most of its l'Cpl'UlJiltioii for those who made use of the ‘int‘orinalion llitis obtained, for private pain." i The Insurance lssue. ‘ The Financial News says: "The man—‘iier in which the investigation has been ‘llliAtlU lays an implicit, but powerful icntphusis upon the paramount import—‘ancc ol' the maintenance of absolute probiiy in all branches of our public ‘and political lite, which will be wel—‘eonicd nowhere inoro wholeheartedly ‘tliati in city circles." Discussing the possibility of the introduction or legal pronibition ot‘ insur—ances against budget risks, it says that although such a ban would not prevent stock or commodity operations which achieve iti principle equally efiectlvs insurance, it certainly would deprive the btisniess and linencial world of convenient and apparently legitimate facilities for guarding against what is ‘a normal business risk. bait even with—tout any further action such transac—‘tions will Without doubt receive a isevere check from this year's exper—ience. i No Precedent. The Daily Mail expresses satisfac—ilion that the tribunal linds no evidence to submit that any other Cabinet .\lin--listor or any of the civil servants and iofllclai-s concerned it) the preparation 101' the Budget were in any way at ‘i‘irullu it notes also that although the ‘lindings ol’ the tribunal make Llislrcss-~ iing reading, it is well to realise there is no precedent in this country in modern times for such affairs as that [of the Budget disclosures. i Justlfiable Pride. The Daily Herald says: " It is impos—sible to read the cold clear words of the report without feeling pride—surely, not unpardonable—in our public, our Parliamentary and our Judi-:-ial traditions.“ ' Reputation Restored. The News Chronicle says: ” The tribunal has done its work swiftly and well and its *LlllcOliilil‘OlnlSilig honesty and iiiipariiality will go a long way to restore the reputation of our public iii'e.' which the scandal now exposed might otheroise have damaged disas—trously." A Painful Document. The Manchester Guardian which describes the report as “a painful document,“ says Mr Justice Porter and his colleagues deserve public thanks for the skill and thoroughness \\'llll which they probed these unsavoury adventures, in the bully and correct—ness with which they apportioned the blame. Debate Next. Week. It is antiripaied in political circles thal there will be a debate iii the House ot‘ (lonunons on Thursday of next \\cck on the rrpori ol' the tribunal of investigation into the leakage of 'Bliilgl‘l information. ‘ “ CROWD RUSHES FOR NEWS. l 3 “MR THOMAS DID TELL." 1 \\'ll.\'l‘ is Till-J .\l-LXT STEP? ‘L'nlled Pres: .\ssiiiA-ltiiein To]. Copyright. i Lo.\lioi\, Juno 3. It is a long time since nous was awaited so keenly throughout the ‘cotinlry as the liiidgct iribuiiai‘s report, i\\iiic|i appeared in iiic tale editions of ‘iiic melting newspapers yesterday 1 Thu public only wanted to know lwlwliict' Mr .I. 11. 'l'hoiiias had been bold responsible for the leakage, or oliu-misc. ’l‘hc§~ rushed to btiy the linlil'i‘n’, \\hich had record sales for late vditions. Une newspaper‘s placard an— Inuunct-d: ".\ir Thomas did tell."

lllll'l't‘h't now cunlrcs in the (lovem—-nu-ul‘s nuxt slop. It will bu Incallud that [[lo Lunl (llmncullm', \‘iscuunt lluilslmm, in the “muse 01' Lox-{ls on 31.1) .3, said: "IF by llt‘glign-nuc ur \\ux‘sv Hlvrc has lnwn u lvulxugv, nu~ lmxly mu dullbl Hm! H was :1 lwh'uyul \\lxh'h \\us :1 hm‘m-h of duly and :l gum» Hlu‘tt'l'. and HIM. usv nl' Hm! lxll1r\\|"1l,:u I'm' ju'rsmml .uaiu “us Fl'Lmh’H‘ illllll'uln'l‘ uml III'HJHI)!I}‘ u ('x'iur illul m'l." Not Because He was corrupt. 'l'hv .\ldlll'lH'Sll‘l' lilml'diuu says: " H i 4 unl‘v [air In I‘l‘l‘l):_'lli>(‘ lllul lhm‘c is 110 .\ugpmlinn that Mr 'l'lmmui knew the use to \\lli\‘]| his (USUIU‘HJI‘U \\nuhl )Ir pm. H‘ .\II' 'l‘lmnluh Io! nr'\\‘.~; IV’ilk uul i 1 “.15 110‘ l'W‘dHN‘ hr \\zl.~ cur—rum."

The Times says: “ Let: nobody with—hold a measure of sympathy for Mr Thomas and his family at this untoward ending of a great. career. It does not obliterate his record of patriotism and courage. Pusterity will prefer to judge him by his long years or public service." The City editor of the Daily Herald says the committee of Lloyd‘s will meet almost immedlately to add a clause to its regulations prohibiting the insurance of budget risks. Throe Possibilities. The political correspondent. of the same newspaper suggests three possi—bilities, namely: \1 .\lr ’t‘humas‘ removal trum the list at Privy'tiuuneil-lei-s; (1'; a Parliamentary vote 01' tensure Ull Mr Thomas and Sir Alfred Butt \\‘hieh \\outtl necessitate their resignattnns: tii,‘ the preset-utlon of Mr Thomas in the form of an impearhment, or for a breach at the tttltclul SOL-rots .\t'l. under \\hich [ll‘uccettians might 1m taken alSu againSL Sir Alfred amt against Mr Hates. The writer adds that ii' there is a prosecution. it may he that .\lr Thomas. Sir .\lfrwt and Mr Hates \\‘uultl desire i: in Ui'llE‘l‘ to have an opportunity to Vil‘ttltt'illl,‘ their honour before a jury of their l‘eilow—enuntrymen. MR THOMAS AT FERRING. SYMPA'I‘IItITiC LETTERS RECEIVED. .\lli BATES RETURNS IINSUiiANCIC. l‘nttmi i‘resx~ Await-2101'. 'l'vl. Cnm'right. \Ht‘Cl‘h’Ctl .tunr i. It 11.111.) l.llNl,)l_tN, June :3. Mr J. H_ 'l‘l:1'ym:1.~. 1m arrhai at Ferrin: t'rnm lmntlun. said: "I (In not know 1m“- 11.11;.» [ will stay here. I do not. “ant to he littttit‘t't‘ll.” .\tr 'i'lmmas I'l-I'l-i\l‘lt a huge mail. inrllnting‘ hundreds of syinjnattieiii' taller, >l'rnin all I‘];l.~‘.~l'.~'. .\lr .\il'rwt Biltt‘>' .‘Ulit'iltlt' has issued a statement that Mr Hales. while all‘ “pl-mg m his mittenw'. tltlt'm nut 11w siy‘t" in \irw 111' thi- trihnnai's repurt. 10 make ;. pmt‘tt i'rnm Ull‘ insurance-i put thruuflh. am! has therefore sent his brutu‘i's rtiequtw t'ln‘ [lll- tilllUlllll\ WWL 1..» prrminnw and plus their _wlleetitls eetumizaluu.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT19360604.2.61

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume 119, Issue 19903, 4 June 1936, Page 7

Word count
Tapeke kupu
1,141

BUDGET LEAKAGE Waikato Times, Volume 119, Issue 19903, 4 June 1936, Page 7

BUDGET LEAKAGE Waikato Times, Volume 119, Issue 19903, 4 June 1936, Page 7

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