"COSTERS' HOLIDAY."
ANOTHER £19,000,000.
(By Telegraph.—Parliamentary Reporter.)
WELLINGTON, this day
Reminding the House of Representatives of the warning of the Reserve Bank that the Government had used its credit from that source to the limit while iy had also borrowed £13,000,000 from State trading accounts, Mr. W. A. Bodkin (National, Central Otago) suggested that, although the Budget started off with good resolutions, it went on to propose another costers' holiday, for which £19,000,000 had to be borrowed.
Where was this to come from ? he asked. The Budget pleaded for increase.l production, but he declared that the greatest obstruction to this policy was found in trade unions, miners having given two recent examples of this fact. If the Minister of Labour carried out the powers he had obtained in his recent amendment to the Arbitration Act, which was directed at militant unions, the Government would be out of office. Nobody understood better than the Prime Minister that the big unions were out to obstruct his policy of increased production, for they were standing for a policy of hatred of the capitalist on the Russian plan.
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Bibliographic details
Auckland Star, Volume LXX, Issue 193, 17 August 1939, Page 5
Word Count
184"COSTERS' HOLIDAY." Auckland Star, Volume LXX, Issue 193, 17 August 1939, Page 5
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