COMPULSORY LOANS
NOT IN THE PROGRAMME PREMIER ON RUMOUR [Spectai. to tUe ‘ Stak.’] WELLINGTON, January 19. When the date of the coming session was announced references made in certain newspapers to the probable legislative programme of the Government stressed so strongly the references of Ministers to the importance of giving Cabinet wide emergency powers in regard to finance that the impression was created that the war-time precedent of compulsory loans would be revived. This suggestion, when referred to the Prime Minister, was at once contradicted. “Wo have never considered the question of compulsory loans,” remarked Mr Forbes. “ This has not been one of the things to _ which thought has been given by Cabinet in connection with the problems on hand. If there is such an impression prevailing it certainly cannot be based on any Ministerial statements,”
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Evening Star, Issue 21005, 20 January 1932, Page 14
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136COMPULSORY LOANS Evening Star, Issue 21005, 20 January 1932, Page 14
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