THE BETRAYAL OF A NATION.

Auckland Star, Volume LXX, Issue 124, 29 May 1939, Page 8

THE BETRAYAL OF A NATION.

The two remit letters of Mr. Fitzherbert iipon the white-anting tactics of Mr. Xaeh into the basic construction of the principles of the Labour movement are a timely warning to the people of Xew Zealand to examine more cloeely'that great evil, party politics, which years ago had outworn any usefulness it may have had in the past. If the statement made by Mr. Savage, as reported in the Prees, is true, that 'Vome people have funny ideas of iwiiig the country's credit/' then Mr. Savage is equally guilty* of white-anting with Mr. Nash. Incidentally, what public man has spoken more often* of using the public credit! That tho majority of elector* have been basely betrayed there is not the slightest donbt Moreover, it can be definitely proved that Mr. Xash, as Minister in charge of the national nuance, has deliberately hoodwinked both the general public and the people of his constituency with regard to the question of interest rates." and if anyone is responsible for the low level of sterling in London and the harmful method adopted to recover equilibrium, « is a-rain Mr. Xaeh, who is definitely responsible —for the Reserve Bank Amendment Act gave the Minister complete control of London sterling, as such fund* became the property of the Reserve Bank on behalf of the people of Xew Zealand. The appointment of J^ , . Xaeh as chairman of the finance committee ot the Labour Conference was the joke of the year. Mr. Xash is in the wrong camp, and u he is not removed from his present responsible position history will repeat itself and tne Labour movement will be sold lock, stock antt ! barrel to the financial vested interests. I G. F. HOLIBAB.