BROADCAST SPEECH

Evening Post, Volume CXI, Issue 93, 21 April 1931, Page 9

BROADCAST SPEECH

EEPLY TO ..CRITICS

LYONS AND LANG

SYDNEY,' 20th April. In a broadcast speech from CanberrH to-night, the Prime Minister, Mr. J. H, Seullin, answering his critics, attaekei Mr. J. T. Lang and Mr. J. A. Lyons, and indicated that there would be a double dissolution after July if th« Senate persisted in its obstructionist, tactics. He said that the fiduciary note issue of £18,000,000 was the pivot of the Government's financial policy. He reiterated that there was no intention to overdo the fiduciary issue, and explained that it meant inflation only in a technical sense, as it would, not involve an inflation of prices in anything like the same degree as ia war time. ■ . , He warned the people that the consequences'of inaction with 300,000 men walking the streets with the starvation spectre all round them could not ba viewed with equanimity; indeed it ivaJ sufficient to excite the utmost apprehension. Were these men not entitled to ask that something.should be done beyond explanations in political platitudes that their only hope lay in a change*, of Government? Dealing with the statement made bf, Mr. Lyons and other opponents that, with a change of government, moneywould flow freely, Mr. Scullin described this as a most mysterious declaration about which- the people should be more fully informed. It would thus appear that the banks were .not so badly off aa they would have the Government believe. It surely opened up the question as to whether.the people were to govern Australia or whether the banks and financial institutions were to govern. If that were not the true position, then Mi\ Lyons should cease to talk about mythical millions.