AGAIN THAT £70,000,000
Beating with the programme of the United. Party recently announced, Mr. 0. E. Belh'inger (Reform candidate for Taranaki), stated at ■ New • Plymouth that, except for possibly one point, the United Party's policy was practically the same as that of the Reform Party. It was passing strange, however, that the new leader of the party, who had denounced the Government so Strongly for its extravagant borrowing, now proposed to borrow a great deal more. In the House he had practically held up his hands in horror at the rash expenditure of Reform, and yet he now proposed, to borrow £70,000,000 spread over a number of years; It was not going to result in the increase of one sixpence to taxation^ he" had said. In the past eight years there had been an increase of £50,000,000 in the borrowing; and in the next four or five years he proposed to increase it by £70,000,000. This fact itself was surely wholesale condemnation oi' a policy which the speaker felt could not commend itself to the people.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19281020.2.76.5
Bibliographic details
Evening Post, Volume CVI, Issue 85, 20 October 1928, Page 11
Word Count
176AGAIN THAT £70,000,000 Evening Post, Volume CVI, Issue 85, 20 October 1928, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in