POLICY SPEECH.

Auckland Star, Volume LXI, Issue 220, 17 September 1930, Page 7

POLICY SPEECH.

N.S.W. Premier's Promises to Electors. ; UNEMPLOYMENT PROBLEM. i (Received 1.30 p.m.) SYDNEY, this day. Tho Premier, Mr. T. R. Bavin, will deliver his policy speech to-morrow. It is understood that it will contain the following points:—(l) The electors are to be asked to approve of the Premiers' financial agreement by returning the Government so that the agreement can be given Parliamentary ratification; (2) the Premier promises to convene Parliament without delay for the presentation of the Budget; and (3) the Estimates Bill will bei introduced, providing a limited, moratorium for the relief of purchasers of homes and other property to. prevent injustice being done to persons who have paid off substantial sums on real estate or other property, such as -farm machinery. This moratorium will also apply to hire-purchase agreements.

Mr. Bavin considers that if the State shows a determination to live within its means there will be a favourable reaction on the overseas money market which will be.reflected in improved conditions in New South Wales. All possible means-must. be. employed to cope ■with unemployment, Every avenue of Government work and private enterprise must be exploited io the fullest extent.