POLITICAL SPEECHES.

Auckland Star, Volume XLV, Issue 125, 27 May 1914, Page 8

POLITICAL SPEECHES.

. I MR. MASSEY AT GORE. I ——— I riXANCT, AXD BORROWING. !

.By Td.-r:,|.i,.-Prf-ss A-i-iaii..n> ; CiORK. Tilfr-luy. J Tli.-. I'ivn,. Mini-1.-r »,Mri'*.M a l.ir-e | and «•!<• i"CPivf;d enthil-i,i-ti.al!y. The nf !.-iiL'th with the alleu iii<>i»< m.idi- by ' Mr. '■'. W. rtn--.-; , . M.1 , ., .r i.-:.-. -..hip > lli'ierriiiL' in Mr. llii-,~i-!!'.- laiei'.eiii i In.it lilL i;..\,-rmm-nt had -■ ■ uin|.li-he.l ' iintbiii-r, Mr. -.u,l ib.it the L.iv . rnnient .had only ha,l til ■•• -n ! i.\ ill' , 'fiilindntioii BtoHe r,i ii~ ;ioli'-v. I'.iil i! , ■}.ad done more: ii had In: >: the i»-t ! ..f its structures, wlii.-li he ln.p-d .in I : ..•'i.-ved would s-tand for m.ili> yen-. V -real deal of lejishition had been |'U1 , tlirnnsrli in : he face ol iiHUper.il.!.- dilli- j . iilty. With rep.ird to the Leal-I.iiive < ..imeii ' Mr. had r-.iid that Mr. \l.i.--> j i.arl di.nc f\urth- what :!■<• Liberal- had j done. ■ Wi-11." -aid the Prime Mirii.-t. r. ' '■ u-hii: li.id he to eoini-Liin or:" i l.aii-ii- ! 1.-r i Tli,. Uovernn t had had i.m-e : ■Aeeks i., prepare f..r i:- n-\1 se-ion. '.iit even in thai i-iiorl lime th.-y h.i I ! i.rep.ir.-d ~ ( nuii-il' Bill. \ Thai bill. Iμ- ....id. would k» "!■ and I :■ would i-..- 1,,, 'aid -aside. In m.ii \ ii-r I In- i:.iv.rnni"iit had m.i d-'in- ibe -aiiie .is their prPilix-e.-si.il.. The Liberal- ■ \, i,l ii.■: in t -venty year- appoint.-,I a man ; ■.ii ihe Lejri-lutive I uiiiicil Him »a- nm , ii.il ■■■ -aid oi the l!efo| ill pal 11 -,n--e I :■ .-.i!..,. int.. i.m.-c. i i;.-f.Tiiiia t.» iln- uriUe. and -o j-ir j -1-,-i-i ■•, W-ird'rf siatemen: t.. an inl.-r- j -. e»e:- I'iiH he n,,i,|| |~,ve m-1'.;...| the ' ,irike. i-iihc i- In the -c-rd l.alloi or by I )■,. ilinl \. . Mr Mur-iei- -.id I ii:i I ill" i...ili>liii.--« ~; leieriini' :.. v th-iu«.inil «■ V.iti-i! lllell 1..!' .1 -e.ll-t buliol ll.llllil b,- --->• iitttcicnily .>|>i>.i n'tit io iustil'v i>im in |..i.->:nu' the -i.iienienl iiver ui.houi commerit. Tii,. Ilii-i: Act, he .Mininued. thill Ilif !•'-- of one lip" \ias a far melt,.id «f M-α lenient adopted. I'a-Mti- on :.. :.-ner.il ,|iie-tion-. Mr. M.ivi-1 referred io 1:1,. ditliciihy which m.i- fa I In Government in the nutter of finance. Tiler,, v.is no one. he naid. who ci.nhl not hi»ne>tly -,iv tint they had no: i,,.-,.,| tlifih-illtitv." For many years money had been fairly c.ivy u> Let. but ill I!HJ ':iie fairly suddenly. <ln,. of the iriiwcs was the I'.uropeau war. and 1.1 ther lias the fact that during that year a number or other <ouut.rie.s went to the London market. fn r money for devclo|inient. and her,. Uie old law of supply and demand camp in. and up went the price of the tirticles. They wre told that they were borrowins more money than was ever borrowed in any one year before. That was so. They had to rai-,. twelve millions this year. for. quite apart from the work of the country. U's.non.finii wa, required to pay olTtilH.rt-d-.xled debentures. They had l.i raUe thi.s large sum l«-nau.~e their pre-<li-ec->nrs Ha<i i?o mismanaged the linnme- of the count.rv thai, i".4.000.000 nf short-dat-isj dehenttirct. fell due in one year. The <;rie:iJ<er -went on in klioiv how n.IViUioPH to settlers had been inerea-eil. The ireaKnrcr had that <\:\y told him f!mf they were out at the r.ilc nf £100.0(10 a war. A voice: Yes! Rut you ar.- jrettinjj near ibe elcc-tiun lime !!"/.! in. ■Mr. Mae«-y: Yes. bin. when the eleclion time w over i\v v -1] :.ike tuire ili.i.t ihe linantes of thiiseonnir.v ar,. in n- cuod a -tale as they ;ire to-day.- -(Applause.) In MiUHtmrieiDfT-liU remarks on the fin-nni-i.il po.siiioii. .\fa?>.ey r-aid that nltliou"li they were to -~,. that ll'le peopie ol 'N>w Zealand •_■■.! full l.lllle (for every shilling <>i' their money. ■whether ii was .borrowed or collected by May of revenue, the Government did im: intend 1 o piirxne a. .skinllint policy. U'hal tic did contend Mas iliat it was 'better to pay :i lir.«t-cTass man ,v a. first-<las..s salary ihan -to i>-,iy ;i thinl-rl.ihs man a liird'-cln<M salary."

A motion of thanks and confidence in *Mr. Maesev as Prime Minister was car-,jdcd,-»'ith jrreat cnthiisia.-iii.