POLITICS AND TRADE
. Minister replies to critics. [PEK PBK«S ASKOCrATinN. J WELLINGTON, February 26. A reply to the criticism that the Government was increasingly interfering in business, was made by the Minister of Industries and Commerce, Dlr R. Masters, in an address at the annual meeting of the Wellington Chamber of Commerce, tu-niglit.
Government interference in modern world trade was necessary, he said, and it was a tendency that was becoming mere and more pronounced, whether it was liked or not. The Government had no wish to see Government. Departments competing in private business, but the whole position of their remtion to business had changed during the last few years. Politics and trade were becoming more intertwined month by month. The Minister predicted that Governments would be taking a large part in trade and cotnmerce in future. Mr Ma.-.rer.-, criticised Australia’s policy of dealing with unemployment by borrowing aml by its heavy subsidising of industry with loan money, and said he considered New Zealand’s more conservative programme was on sounder lines. The Government, he claimed, was dealing with the situation without adding a penny to the national indebtedness.
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Greymouth Evening Star, 27 February 1935, Page 9
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188POLITICS AND TRADE Greymouth Evening Star, 27 February 1935, Page 9
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