POLICY ATTACKED
PAST GOVERNMENTS (By Telegraph—Press Association.) AUCKLAND, September 26. The record of the National Party's predecessors during the period 1920-30 was attacked by the Hon. W. E. Parry in an' address to constituents. The Minister said the Government then kept, income tax down yet borrowed excessively overseas, whereas Labour borrowed only £3,500,000. The surplus of national! incomes in the earlier period did not reach the homes of wage and salary earners or of farming and business communities but was used if or an orgy of speculation in land ond "dud" companies,. and the erection of unnecessary freezing works which later failed. Bankruptcies of farmers and others, were much more numerous than under Labour, which had distributed the j surplus to the best advantage in higher wages, useful works,;and social service. . The record of the Nationalists', predecessors blackened their administration for all time. i
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Bibliographic details
Evening Post, Volume CXXVI, Issue 76, 27 September 1938, Page 18
Word Count
144POLICY ATTACKED Evening Post, Volume CXXVI, Issue 76, 27 September 1938, Page 18
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