ALL FOR THE BEST!
Every politician making a public ""eranej bemoans the fact that the London market closed to New Zealand loans. la M' a / should bo devoutly thankful that this is for the said politicians seem still to i* _ the borrow and squander system wm | been in force for so many years and wni largely responsible for the present .«£«* state'of the Dominion. Instead of mcreaainthe national debt it would be much more „ the public weal if steps were taken to it. As loans are largely used to F , political support, it can hardly be «fP««g public men will agree to abolish or restrict thorn, though they surely must reai that a State which is continually pin?o • debts must, like J ny private person eventually come to grief.
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https://paperspast.natlib.govt.nz/newspapers/AS19320120.2.46.6
Bibliographic details
Auckland Star, Volume LXIII, Issue 16, 20 January 1932, Page 6
Word Count
128ALL FOR THE BEST! Auckland Star, Volume LXIII, Issue 16, 20 January 1932, Page 6
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