KAIAPOI.

Press, Volume LXII, Issue 12365, 2 December 1905, Page 10

KAIAPOI.

Mr D. Buddo received • fcetrtj r* -• " ception from a large meeting at awin, nanoa on Thursday evening. Mr V. W Vv right presided. Mr J. Miles VeinU' moved, and Mr J. Burt seconded % toU ' of fchanka, which was carried. ' . Dealing in an address at Stoke htt - evening with the Premier , * rtoort ; speech, Mr R. Moore referred to Jj, ' Soddon's statement that the oppouati of the Government eeid the ootaud : credit was unpaired whereea be tmm,.\'" ' tamed that its credit never stood high* than to-day. If it were not for fbtljictr. that this was a serious busunm towering to tlio dignity of the Prim,' Minister and Treasurer, eaid Mr Moot* '< tho Premier would make people -karik ' at. his audacity. The Orioaiu.', ' Treasurer's own figures m the,«},•;* ,«},•;* turn gave the prices of stock in iio/ ■ „ don as follows:—Four per ceßta»iflQ6, v , as against £109 15s in 1902. ehowW %> foil of £3 15s, three and « htlfpe* oente. £99}, as against £103 10b v ib lbU2, showing a fall of £5 16ej tiiiw ', per cents. £87. as against £95 in 1905,, showing the heavy- foil of £B.,.'*No< • other Australasian colony had MifferaL , ' euoli a fall in stock in the same period. '- It was no pleasure to make such state.'" mente, but tho electors had & right to?' > the truth. The fact was that U» I Ministers were not only borrowing too ' > qxtravaganl'ly, but were not taauag * adequate provision for'the future. Eyta '- the savings of previous V - x accrued ranking funds had been * I - propria ted. Yet when tQiajee trntis 7. •' were pointed out with every baat«b-b>,' tention of obtaining sound finaocvtfct h Opposition was accused of a desire,to i oauso injury. v'n-0;,.,