DENOUNCED.

Auckland Star, Volume LXX, Issue 247, 19 October 1939, Page 9

DENOUNCED.

AUCKLAND CRITIC.

MR. SAVAGE CAUSTIC.

N.Z.'S FINANCIAL REPUTATION. «POLITICAL GASBAGS." (By Telegraph—Own Correspondent.) WELLINGTON, this day. The Prime Minister, the Rt. Hon. M. J. Se.va.ge, showed a return to his old vigour in a controversy when replying briefly to-day to Mr. W. Goodfellow's criticisms regarding the Dominion's financial reputation overseas.

"Mr. Goodfellow's statements are beenath contempt," declared Mr. Savage. "He seems to have joined up with that almost extinct race of political gasbags, who weer never happy except when decrying their own country at home or abroad, but New Zealand will win through in spite of what Mr. Goodfellow and his friends have to say.

"He refers to our future financial engagements and thinks we need financial guidance to get us back where he were. It seems to me it was so-called expert financial guidance that landed us where we are, with about £100,000,000 loan money falling due during the next ten years for borrowing which the present Government is in no way responsible. We inherited it from Mr. Goodfellow's political friends. We don't need financial experts to tell us what it means.

"As for getting financial guidance to get us back where we were when this Government took office I sincerely trust the people of this country will see to it nothing of the sort happens and whatever guidance is necessary will be directed towards higher and nobler things. The present state of affairs con best be judged by comparing the living conditions of the people with what they were during the period of which Mr. Goodfellow seems to be so proud," Mr. Savage concluded.