EXTRAVAGANCE AND ECONOMY.

Auckland Star, Volume LXX, Issue 157, 6 July 1939, Page 10

EXTRAVAGANCE AND ECONOMY.

Parliament has opened, and the Government and Opposition attack each other with the usual recriminations. The Leader of the Opposition fired the first shots by pointing ont the low state of our London funds, hardly sufficient to pay one year* interest 4>ill, and laid the blame on the Government for ite extravagance. We have heard the story before —high wages, huge public worke and increased pensions: this has enabled the community to import more, hence the drain on London funds. We are living beyond our means, and it must be stopped. Strangely enough, he then went on to denounce the import restrictions, one reason given being that people were unable to get all the credits they required ■ to- travel overseas, were prisoners in their own country, he said. As all credits for overseas travellers come out of the London funds, Mr. Hamilton wishes to allow the wealthy to continue their extravagances and apply the axe of economy to cutting down expenditure on public work*, and presumably—let us whisper it—reducing wagee and social securitr. *c. r. McDonald.