IRON ORE DEPOSITS
STATE OR PRIVATE ENTERPRISE?
DEVELOPMENT OF RESOURCES
GOVERNMENT'S POLICY DEBATED
For a further five and a half hours yesterday members of the House of Representatives debated the second reading of the Iron and Steel Industry Bill, Government members supporting the development of iron ore deposits by the Slate while Opposition members argued that private enterprise shonld be encouraged to do what was necessary to produce iron and steel in New Zealand. Several Ministers took part in the debate and all claimed that the failure of private enterprise at Onekakain the past was sufficient justification for State development. In reply, members on ihe other side of the House-declared that private enterprise had not been given an opportunity to succeed, and the Government was taking' over after the ground had'been proved at considerable expense to private individuals.
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Bibliographic details
Evening Post, Volume CXXV, Issue 58, 10 March 1938, Page 22
Word Count
138IRON ORE DEPOSITS Evening Post, Volume CXXV, Issue 58, 10 March 1938, Page 22
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