SPEECH BY MR. G. W. RUSSELL.

Dominion, Volume 6, Issue 1703, 20 March 1913, Page 6

SPEECH BY MR. G. W. RUSSELL.

(By Tclcgraplt.—PreEa Association.) Christchurch. March 19. Mr. G.W. Russell, M.P. for Avon, ad* dressed his constituents to-night, ' and. dealt at considerable length with the policy of the Government, .Ho 6aid splendid progress in social legislation had been checked by the present i Government, but happily the chango of Government was only temporary, as the Liberals and Labourites are united moro nearly than had beon tho case during the past ten years. Both absolutely agreed that Mr. Mflssoy m\ist go. Referring to finance, Mr. Rnssoll stated that' in ,Tuly last, when tho Liberals went. out of office, New Zealand 4 per cents were 102, Hi per cents 91J, and 3 per cents Sli, whilst: on March 14 they stood at 100, 90, and 78. Before tho Massey Government cauio into office. New Zealand stood higher on tho London niarkot. Mr. Russell alleged that as a result of tho_ appointment of tho Civil Set--, vico Commissioners tho service was seething with discontent. Referring to tho loan of million', lie stated that consequent on tho flotation, at,-4i per .cent, at-98 •Hi® loss to the country-would to .£882,000. Hie was accorded a vote t>£ thanks ■ end confidence. ' ' '' v ' \-