LABOUR ATTACKED

Evening Post, Volume CXX, Issue 99, 23 October 1935, Page 7

LABOUR ATTACKED

MR. TOOGOOD'S LIVELY MEETING

Displaying ihe vigour or an. old campaigner, Mr. H. F. Toogood, Nationalist candidate for Wellington South, launched an attack against the Labour policy when speaking at St. Thomas' Hall-, Nevytown, last night. He was heckled by'the major part of an overflow audience but kept up the attack until the finish of the meeting, when he answered a number of questions.

Mr. Toogood said that he would expose the -fallacy" of guaranteed prices, guaranteed wages, and the danger to the country and to the individual if Labour reached the Treasury benches. The Labour Party talked glibly about book entries in banking, but those book entries belonged to the people and not to the banks. The money paid into the banks was like premiums paid on insurance policies. If the Labour Party were permitted to alter bank entries to suit a socialistic Government

it was quite obvious that insurance policies would be treated in the same manner. Mr. Toogood warned every elector who had an insurance policy or savings in any bank, including the Savings Bank, to beware of how the votes were cast at the coming election. The Labour Party's policy would; lead the country into a slough of ruin, he said, and he would vote to safeguard the interests of 90 per cent, of the people who were concerned with insurances as well as deposits in all types of banks. At the conclusion of the meeting a vote of no-confidence was moved, but a vote of appreciation was declared carried by -the chairman, Mr. J Spence-Nicol. •