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AN EARLY SESSION?

NO DEOI lON YET,

Current opinion in well informed circles is that an early session of Parliament is inevitable (says tbe "Dominion"). In addition to the familiar reasons hitherto advanced, that Parliament must meet to pass legislation for compulsory national aervic9, and that it will be necessary for the Prime Minister and Sir Joseph Ward to meet the bouse prior to their visit to London, it is suggested that there may be financial reasons for cal« ling Parliament together. Last session & loan of ten millions for war purposes was authorised. Not very much information is vouchsafed as to the rate at which this money, which is all being advanced by tbe Imperial Treasury, is being spent, but certainly tbe rate of expenditure has increased enormously since tbe days when tbe money was voted. Such speculations lead very easily to discussions of .another possibility, whether a local war loan may be necessary, and we tiace bad bints for months past in the speeches of British statesmen that tbfl British Treasury cannot be drawn upon without limit. It is stated that a eeotion .of the responsible men in New Zeailaad are bringing pressure tG bear on tbhe government to take steps to get control of. tbe surplus money abounding in this (Country now, in order tbat it may not be dissipated in unproductive expenditure or in more or leas speculative investment, but really conserved for tbe purpose for which all tht resources of the Empire may yet fee needed—tbe winning of the war. ifba method by which the Governmeat 4jan do this is. of course, by tbe jflofcati&ffl of a local loan. Tbe Prime Minister said on Monday fchftt be would not be able to say for a fortnight yet any more about the pos sibility of an early session of Parlia. ment. At she end of tbat period be hoped that Cabinet would be able to decide as to tbe date on which tbe flbase would meet. He would not jg&y whether there was or was not a Sikelifcood that Cabinet would decide that Parliament should be called to* gather before the usual meeting time— the end of June. .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AMBPA19160317.2.13

Bibliographic details

AN EARLY SESSION?, Akaroa Mail and Banks Peninsula Advertiser, Volume LXXV, Issue 3528, 17 March 1916

Word Count
361

AN EARLY SESSION? Akaroa Mail and Banks Peninsula Advertiser, Volume LXXV, Issue 3528, 17 March 1916

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