FRIENDLY CAUCUS

Evening Star, Issue 21319, 25 January 1933, Page 6

FRIENDLY CAUCUS

PRIME MINISTER'S ANNOUNCEMENT POLICY STATEMENT LATER [From Our Parliamentary Reporter.] WELLINGTON, January 25. The Coalition caucus ended early this afternoon after having been in session since yesterday morning. Little beyond the Government’s decision arbitrarily to fix the rate of exchange at a high level was discussed, although it was'announced by Mr Coates that the high exchange was only an instalment of the Government’s policy. Immediately after the caucus had adjourned Mr Forbes announced that members had discussed the Government’s policy in a friendly manner. In reply to questions, he said that no motions had been passed, it not being the custom to pass motions at these meetings. The Prime Minister said that it had not yet been decided what course would be followed in the House to-morrow. In the afternoon tributes would be paid to the memory of Mr H. L. Tapley and Mr J. Horn, two former members of the House who had died during the recess. It was possible that the adjournment would then be taken until Friday, although this point had not definitely been decided. It was his intention to make a policy statement to the House, but there were still one or two points to be cejared up before he would be in a position to do this.