ADMINISTRATION WITH CAUTION

Dominion, Volume 31, Issue 163, 6 April 1938, Page 12

ADMINISTRATION WITH CAUTION

Aims Of National Party

Dominion Special Service. Bulls, April 5. ‘‘The National Party represents a point of view which has the endorsement of experience; it stands for the administration of public affairs with the same caution which is exercised by the prudent head of a family,” said Mr. 11. C. Jenkins, addressing a public meeting at the Town Hall, Bulls. In essence the National Party was a Liberal party, said Mr. Jenkins. Liberalism meant the freedom of;the individual to develop his ability to the best advantage to himself and to the community. Liberalism recognised that men would not labour for no reward at all. The spur of all modern achievements was private gain “The National Party stands for sound finance,” continued Mr. Jenkins. “We believe that in good times, such as we have been enjoying recently, provision should be made by way of savings so as to have something to fall back on when adversity comes. This stands in contrast to the policy of the present Government. It is budgeting for a total estimated expenditure of .£34,728,000 during this year, the highest. revenue expenditure in the record of the Dominion. “Obviously the position of New Zealand after a period of the present Government in office will be less favourable to meet a depression than it was in 1929-1930. Then the Government could, and did, hypothecate securities and saved the demands of the State wholly falling on the taxpayer during the lean years. But what does the present Government intend to do? It intends to increase the indebtedness of the country in good times. “Mr. Nash’s claim that he would insulate New Zealand from the effects of a world depression is a spurious one. Mr. Savage asserts that they have their plans laid to do this insulating trick; I say that they have no such plans. Further, I say that such insulation cannot be achieved. Address At Wellington South The Wellington South committee of the New Zealand National Party has arranged for Mr. W. L. Barker to deliver a political address in St. Thomas’.'' Hall. Newtown, at 8 o’clock to-morrow night.