LABOUR'S OBJECTIVE
Some attention was paid to the speech of the Labour candidate, Mr. J. W. Munro, in Dunedin on Thursday by Mr. O. C. Mazengarb, National candidate for Wellington East, at Hataitai last night.
Summing up his examination of the report of this speech, Mr. Mazengarb said it was clear the object of the Labour Party was to get the key which would enable it to dispense with private property and socialise the means of production, distribution, and exchange. "Socialisation" was not the word nowadays. The Labour Party talked of setting up a national credit authority—making credit subservient to the will of the party. Orders would be given for the printing of notes. Labour's plan was ready. It would inflate the currency in the same way as had been done in other parts of the world with disastrous results.
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Bibliographic details
Evening Post, Volume CXX, Issue 126, 23 November 1935, Page 19
Word Count
140LABOUR'S OBJECTIVE Evening Post, Volume CXX, Issue 126, 23 November 1935, Page 19
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