MR DUNCAN ON THE LAND BOOM
TO THE EDITOR Of "THK mESS " Sir,—ln dealing with tin,-, question in your of the 18th inst. you timidly suggest thiit '"if the Government were to reduce their extravagant borrowing to reasonablo limits, raising only sufficient money to carry out really necessary reproductive works, that, in itself, we believe, would apply n much needed check, and bring tho public to their senses." Sir, I submit tlwit this is not enough; foreign borrowing should absolutely cea«>, and reproductive works —yes. good old reproductive works—be carried out by money raised by taxa>tion
Parliament should resolvo to carry out this policy at once, and live honestly hereafter, instead of leaving a legacy of P.N.s and 1.0.U.'s to their children, and I will guarantee the land boora will quickly come to an end. '•Tho Press" should liglit ngai.n.-t further harrowing with all its might.— Yours, etc.,
J. SMITH, Farmer, Rakaia
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Press, Volume LXII, Issue 12508, 22 May 1906, Page 9
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152MR DUNCAN ON THE LAND BOOM Press, Volume LXII, Issue 12508, 22 May 1906, Page 9
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