LEASE-LEND
DOMINION'S POSITION
Could any country be found th;u had acted as stupidly as New Zealand? asked Mr. W. A. Bodkin (National, Central Otago) m his Budget speech in the House of Representatives last night when dealing with the question of lease-lend. They found lease-lend suddenly terminated and New Zealand finished with a deficit running into millions. The Opposition had frequently pointed out that. • the Dominion was buying from the United States at wartime prices and selling at pre-war prices. Canada, on Ihe other hand, called on America to pay at wartime prices, and Canada, from being _ a debtor country, was now a creditor nation and in a position to help the Motherland. The Minister of Finance (Mr. Nash) had told the House that any lease-lend differences would be written off, but that was not clear today. The man who had piloted the Lease-Lend Bill through the American Congress had stated that there would be a reckoning day. ■ New Zealand got an increase from Britain to the tune of £35.000,000, ana increases for the future, he added. Why dicln'l the Government do the same with America. On today s accounting the United Kingdom had been charged more for produce supplied by New Zealand than had America under lease-lend.
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https://paperspast.natlib.govt.nz/newspapers/EP19450912.2.115
Bibliographic details
Evening Post, Volume CXL, Issue 63, 12 September 1945, Page 9
Word Count
208LEASE-LEND Evening Post, Volume CXL, Issue 63, 12 September 1945, Page 9
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