"STUDY CIRCLE"

Evening Post, Volume CXVI, Issue 96, 20 October 1933, Page 11

"STUDY CIRCLE"

EEFEKENCE IN HOUSE

"AN EXCELLENT EXAMPLE"

In the House of Representatives last night some form of recognition was accorded the self-appointed Cabinet supervision committee'—dubbed "the study circle"—which has been endeavouring to act as a brake on certain features of the Government's policy.

"I understand a study circle has come into being," said Mr. J. A. Lee (Labour, Grey Lynn), "and I suggest that the Minister of Finance give the members of it time to read a book or two on currency before the Koserve Bank Bill is proceeded with." The Minister of Finance (the Bt. Hon. J. G. Coates): They are really studious gentlemen.

Mr. Lee: Virgin territory. The Minister said that the members desired to speak intelligently on questions that were raised in the House, and he commended them for their industry.

The Key. C. Carr (Labour, Tinvaru): An excellent example Mr. P. Fraser (Labour, Wellington Central): They should have started long ago. Mr. K. McKeen (Labour, Wellington South): What about the "brains trust"?

The Minister: The country expects tho people to think a little more and read a little j less.

Mr. Coates added that he had been approached by several members of the Coalition in reference to the Reserve Bank Bill. They had expressed definite views as to what they considered would bo improvements on any suggestion ho (the Minister) had so far considered. "When the relevant clauses are under review in the HouseJ" the Minister added, "I would ask those members to carefully consider tho weight of evidence contained in tho measure. While I respect tho viows expressed, I would ask them, before reaching a conclusion, to determine whether tho proposals as at present advanced should not prevail."