NOTES OF THE DAY

Dominion, Volume 21, Issue 194, 18 May 1928, Page 8

NOTES OF THE DAY

Labour’s political ranks are suffering from splits at the top both in South Africa and in Australia. Labour a T-• provoked, but usually remain underground, mam J party business is.done that way. Mr. Creswell, the South Afiican Minister’of Defence, has split with the National .Co » Cl ’ a lon<r feud. Mr. McGrath, the member for Ballarat, in the Conani ° l wealth Parliament, went outside the caucus to vent his feelings, which had been dXbccl because Mr. E. G. Theodore had been advanced to the front bench. Mr. McGrath saw in the incident an attempt L humiliate himself. Most of the. differences of of””" circles .nowadays seem to have their origin m• P erSO " al J a PP° f J. ments arising out of thwarted ambitions The lot of the prote sional Labour politician is not often a bed of roses.

The efforts to persuade the world that there is some especial significance in the Hindu marriage of Miss Nancy Mi ei, are usually polygamous. The Maharaja iis 1 ad the rule It, therefore, became necessary toi Miss Al wife Hindu faith before she could become the Maharajah seeing the other two ladies are still alive Sli 1 J gesture request that the West should understand his conduct as a gesture which, the West should welcome is asking too much. .

Exchequer, would not be > b “ . ’ " l( l '“ hL , crel |W n was as that of an interested paity. His contentioi res w j t h S“ g c as h e° Se At'SeS'e 1 S X indies, or at least to secure some reciprocal benefits for her. free-tiade po icy. .

The law- of England extradited at tl,e howe ver »ive immunity to foreigners ' political nature. 1 his.does , proceed to prepare plots to seek asylumt int England and then of the right of against a friendly I;owei. fo j towe d by ejectment.. Political .... asvlum is discovered nis_ < L „ England affords them, and refugees; prize highly . the Carol’s rarely take any. serious r - o o n considered that the ■”« tave . a STTw' 1 » tfe lide of leniency in respect o fe fc'Sides M 'iolrign trout,leakers who eelect London, aste. centre of operations.

The Lark worthy recollections,' published yesterday, remind us: that a dive into the early records of this country is always relrcshinn- You mav dive a hundred times, and bring up a hundred different memories abounding in detail, more or less picturesque. But in., one respect they will all be alike. Tlieir mam feature will always be the adaptability of the men to the circumstances of then environment, with its consequent defeat of difficulties 1 hese recollections are more than records of pioneer work. They constitute the fust chapter-)df The j financial history of the Dominion.- It covers the years when bank deposits were small and high bank officers had to wrestle personally with the problems of defective currency and shadowy capital. The subsequent chapters will show development to the day of a national debt of over two hundred millions, including a war debt-of money raised in the country of over hty millions. It is an interesting field, showing at one end bankers buying gold from diggers over storekeepers’ counters and at the other end great banking institutions handing millions to the Government to meet the responsibilities of the greatest war in histoiy. And yet New Zealand still is hardly past the stage of infancy, measured by older countries.