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REPLY TO MR. WILFORD.

(n TILB6BIPI rSIB3 ASSOeiATIOH.)

HAMTL-TON, 20th. June,

My. J. A, Yeung, member for Ham> .ilfcaa, in. delivering an address in reply ;to Mb, T, M. Wilford, claimed that the I country Haver had such a capable aad efficient Minister of Finance as Mr. Massey, The Premier had never • been defeated en a no-confidence motion, and the talk about an eariy election appeared absurd, With reference to Mr, Wilford's charge of reckless dealing with the State Advances funds, by taking £2,391,000 from tho Advances Department and putting into the War Loan, Mr. Young claimed these temporary investments were quite legitimate. N,o part of the recently-raised I £5,000,600 loan would be utilised to pay I back to the State Advances Office the | £2,000,600 ef temporary advances, but ; the State Advances Fund would receive 1 £2,000,000 mere cut pf the loan. The mest liberal party in the House was Mr. Massey's party. The Massey Government had husbanded the country's financial resources. Mr. Young was .accorded a vote of thanks and continued confidence.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19240621.2.105.1

Bibliographic details

Evening Post, Volume CVII, Issue 146, 21 June 1924, Page 13

Word Count
173

REPLY TO MR. WILFORD. Evening Post, Volume CVII, Issue 146, 21 June 1924, Page 13

REPLY TO MR. WILFORD. Evening Post, Volume CVII, Issue 146, 21 June 1924, Page 13