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DEBATE NOT COMPLETED

MR. FRASER TO %*EPIjY 1 Parliamentary Reporter. WELLINGTON, this day. The debate on the United Nations Charter was not completed in the House of Representatives yesterday for at 4.45 p.m. the Prime Minister, Mr. Fraser, stated that matters of , wide importance had been raised by members taking part in faip debate and he would not be able to reply to them adequately in the remaining time available that afternoon. He felt it was advisable to adjourn tlie debate until Wednesday night. This course was agreed to by the House. : Apart from Mr. Morton (Nat., Wai- ; temata) who continued his speech ■ yesterday morning, there were no ■ Opposition speakers during the day, Government members carrying on : the debate. One was the Minister of i Finance, Mr. Nash, who spoke for , an hour an a half. By contrast Miss * Howard (Govt., Christchurch East) ; spoke for ten minutes. She expressed r a woman's point of view and in a ' bright contribution added a new note : to the discussion. ; Early in the afternoon the Nurses t and Midwives' bill was introduced. i This provides for consolidation and j some amendments to the existing ; law. It was read a first S;ne.

Published by Arrangement EVERYBODY AFFECTED RESULTS OF BANK LEGISLATION Those who have no bank account (Bank of New Zealand or any other bank) may say the Bank of New Zealand purchase and subsequent control of all banks cannot affect them. Furthermore, they have P.O. Savings Bank accounts, and have not suffered thereby, though their money is in a State institution.

It should be remembered that the firms which employ those people all have trading bank accounts. Under State control of banking, private accounts can be looked into. Mr. Nash has given assurances that they will still be secret, but no Minister can bind his successor with pledges.

Political discrimination with overdrafts and accommodation can result in damage to firms, with loss of jobs for those who to-day say they are not directly concerned.

Moreover, State control of banking will give the Socialists such a stranglehold on finance and industry that they will be in a position to impose further measures of regulaI tion and direction on all members of the public—including those who to-day imagine that they are not affected. State control has gone far enough in New Zealand, and further extensions should be strongly resisted.

—Inserted by the Associated Cham bers of Commerce of New Zealand.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19450728.2.101

Bibliographic details

DEBATE NOT COMPLETED, Auckland Star, Volume LXXVI, Issue 177, 28 July 1945

Word Count
405

DEBATE NOT COMPLETED Auckland Star, Volume LXXVI, Issue 177, 28 July 1945

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