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THURSDAY, JANUARY 19, 1933. UNITY SHOULD BE PRESERVED

1011^!' .stcwaTtlas ll tendered ei his there can be little doubt th a t - ’ t> Possibly the temporary resignation as a membei of the G induce Stewart t 0 lack of definition is due to a • Government' may have the benefit reconsider his decision so that t V die national of his valuable experience and counsel, and so, also, front may be preserved unbroken. TT n :f V ; s a first essentia! 'This latter consideration is Sacrifice and in the economic war just as it was "Lp th?s ideal one of practical effort are worth making in ordei o P Britain in’similar circum- -» G ° V Their”secession caused much discussion at the . g’" ie o some applauded their action, many d,sa PP roved . o, \It'\Vthe 1 t '\Vthe emeXcv differences should be sunk in the country s service until the emeigency which called the National Government into being was definitely past. e nnes “i not easy to understand why patriotic and Siraeeous men should have exalted fiscal policy into a reason fo. resignation, when British policy toward all other pioblems is formative, creative, and most delicate stage. That remark seems wholly applicable to the situation believed to exist as between Cabinet and Mr. Stewart, if the word’ c^ ia M r be substituted for -fiscal.” Of course we do not 1 k "°" that Stewart has tendered his resignation, and theiefore aie furthe removed from knowing the grounds of it. But if a cleavage do s exist, we suggest that Mr. Stewart might consider an agreement to differ,” a course he adopted on the question of compulsory reduction of interest rates, an issue that raised a most acute point of principle. His continued adherence to the Coalition would strengthen it, uphold the ideal of unity, and reinforce the .Government in cairying out its present moment nothing could be more unfortunate than political dissension. The ranks should be closed. And of immediate concern is the atmosphere of political uncertainty. Ihe tender growth of confidence is again repulsed. Politics enter so ultimately into economics that alarums and excursions in one camp immediately spread to the other, with disturbance'and damage to all business. Ihe Government and Mr. Stewart should clear up the situation as soon as it can be determined and inform the country, thus dispelling blighting doubts and uncertainties.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19330119.2.46

Bibliographic details

Dominion, Volume 26, Issue 98, 19 January 1933, Page 6

Word Count
393

THURSDAY, JANUARY 19, 1933. UNITY SHOULD BE PRESERVED Dominion, Volume 26, Issue 98, 19 January 1933, Page 6

THURSDAY, JANUARY 19, 1933. UNITY SHOULD BE PRESERVED Dominion, Volume 26, Issue 98, 19 January 1933, Page 6