ATTACK ON MONEY

Evening Post, Volume CXXVIII, Issue 35, 10 August 1939, Page 14

ATTACK ON MONEY

THE LEFT-WINGERS

OPPOSITION LEADER'S CHARGE

(Special to the "Evening Post.")

LEVIN, This Day,

Popular politics were replacing sound politics in New Zealand, declared the Leader of the Opposition (the Hon. A. Hamilton) in an address at Levin last night. Progress, he said, must be based on a sound system and unless a course of stability were followed ground which had been gained would not be preserved.

Mr. Hamilton received an enthusiastic reception. The Mayor of Levin (Mr. P. W. Goldsmith) presided.

Recently he had been observing'propaganda in the House, specially among the Left-wingers, to achieve the overthrow of the money system, said Mr. Hamilton. He could see that they were starting to work up an agitation in that direction before making an attempt to overthrow the money system.

"Let them set out to destroy those who wish to manipulate money, but not to destroy the money system and money itself," said Mr. Hamilton. "We have to take note and see that this does not happen. Though the Government is condemning .noney, it has been off to London to borrow it and has been borrowing it locally as well."

Mr. Hamilton dealt at length with what he described as the excessive spending of the Labour Administration and with the increased burden of taxation. He said that very determined propaganda was being started against the orthodox money system, and if '.t were not checked it would be disastrous to the country.

The National Party had accepted the choice of the electors at the last election and all his party wanted in this country was a good, sound, progressive Government to maintain 'he privileges the people had had and the heritage given to them as an important part of the Empire.

Since the last election he had visited most electorates and the people were concerned at the turn politics had taken. Politics were never more important than they were today, and if the Government did not pursue a course of stability the people could not flourish in their farms, trades, or professions. Democracy was at the crossroads, not only in New Zealand, but also all over the world. In some countries it had lost its footing altogether. He was becoming more and more inclined to the view that people preferred the easy road, instead of fighting the battle of life. Today popular politics were replacing sound politics. Spending had replaced saving and the easy course was being followed, in preference to the hard, and holidays were preferred to work.

Progress must be based on a sound system, and, unless a course of stability were followed, ground which had been gained would not be preserved.

A vote of thanks was accorded to Mr. Hamilton. After the address he attended a dance arranged by the Levin Young Farmers' Club and the Levin Junior Branch of the Women's Division of the Farmers' Union, where he spoke briefly,