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THE SMOKE SCREEN LIFTED

"Mr. Savage has lilted the thin smoKe screen which surrounded the monetary! proposals of the Socialist Labour Party. There is now no doubt that j every detail for printing an excess ofj bank-notes to finance all their \vild| proposals including guaranteed prices and wages is complete 'except the colour of the notes.' " said Mr. H. F. Toogood. Nationalist candidate for Wellington South, at Newtown. "Many people arrived at this conclusion byj deduction, but now we have the direct j statement confirming Mr. Semple'si idea as to how the completion of railways is to be financed, and now we know why the complete control of the Reserve Bank is required, and we also have definite confirmation of Mr. Munro's statement that the Socialist Labour Party will issue £100,000,000 of bank-notes once they control the Reserve Bank. If Mr. McKeen and his seven clergymen can tell anyone how they can save the deposits in savings banks, the advantages of friendly societies, life insurance policies from becoming worthless with' £100.000.000 ■phoney' bank-notes at issue, he and his friends will have done much more than any other person has done."

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https://paperspast.natlib.govt.nz/newspapers/EP19351123.2.165.12

Bibliographic details

Evening Post, Volume CXX, Issue 126, 23 November 1935, Page 18

Word Count
190

THE SMOKE SCREEN LIFTED Evening Post, Volume CXX, Issue 126, 23 November 1935, Page 18

THE SMOKE SCREEN LIFTED Evening Post, Volume CXX, Issue 126, 23 November 1935, Page 18

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