THE NATIONAL DEBT
MR SAVAGE’S STATEMENT ACCURACY QUESTIONED WELLINGTON, Tuesday. “ We were all pleased to hear the Prime Minister say that there would be a substantial surplus at the end of last financial year,” said the Leader of the Opposition, the lion. A. Hamilton, speaking in Wellington last evening, “ but I, for one, was sceptical when he also stated that the national debt would be less. “ I challenge the accuracy of his statement, which was very emphatic—that the national debt will be less than it was at the beginning of the year. The previous year over £5,000,090 was added by the Government to the national debt. " For the year under discussion, the Government took authority last session to borrow many millions, and l shall be surprised if they do not do the same this coming session. The public should have the fullest information, and I leave it to the Prime Minister to say whether my challenge is right or wrong.”
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Waikato Times, Volume 122, Issue 20494, 10 May 1938, Page 8
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160THE NATIONAL DEBT Waikato Times, Volume 122, Issue 20494, 10 May 1938, Page 8
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