"FRENZIED FINANCE."

Auckland Star, Volume LIV, Issue 72, 24 March 1923, Page 9

"FRENZIED FINANCE."

MR. MASSEY FLOORED. HOIST WITH HIS OWN PETARD. (By Telegraph.—Speelnl to "Star/I i TAURAXCA. this day. '■ Tn connection with tho Masseyism r**« • ferences to .Sir Joseph Ward's bond scheme, it may not be generally known that during the current month Taurans'a, post office has been accepting money fur sj>w Zealand s}| per ceni bearer bonds ' under Soldier Settlement Loan -Act of ' 1020. The receipt for these instalments [ says: "In the case of bearer bonds, this . receipt will be exchanged for securities ; in due course, and it must be carefully ! preserved by the investor. It is of no n=e ■ to anyone except the person whose name 'is entered thereon. L'nless otherwise requested, Hie bonds will be delivered ' through the post office nearest to the address given on the application, form* i In the ease of inscribed stock, niscrijv r tion certificates will be ported direct to investors. ■' It is hard to understand how Mr. MiisI sey characterised Sir Joseph Ward's bond proposal for public works as frenzied . finance, while at tho present time the ■ Massey Government is raising money as 1 fast as it can from the people by the issue of these very bonds. Verily, !Mr. ', Massey is once more hoist with his own ' petard.