“MILLIONS” POLICY.

Gisborne Times, Volume LXVIII, Issue 10736, 6 November 1928, Page 5

“MILLIONS” POLICY.

“HISTORY REPEATS ITSELF.’

WHAT HAPPENED IN 1919

“it is clear that Sir Joseph Ward and 1 the United Party stand in the middle of the road blocking progress.” Thus, Mr Wi D. Lysnar addressing Mangapapa electors last night in referring to the third party nection with this election, remarked in the political arena. .Hisfory had repeated itself in coqthe candidate, tvlio recalled how Sir Joseph Ward had quitted the Nationalist Government at five minutes’ notice in 1919, and thought he had acted cleverly. Sir Joseph had then put forward .a similar policy to the £7U,OOO,OtK) loan that he now suggested, but .not ..only had his own constituency'rejected him, but it had also rejected riiost of his party, because Sir Joseph had left the Reform party to struggle to adjust the country’s position, believing that a calamity was imminent—a calamity which never eventuated I. Noiv, nine years later, Sir Joseph planned another “borrow-, boom and burst” scheme. 11 was peculiar, too, that both the Leader of the United Party and the Leader of. tho Labor Party had roundly condemned the Government for raising so many loans. Neither was mealy-mouthed about it, but had made it a plank in their platform. Further, Sir Joseph Ward had declared in the House that the United .farty could make the Government lose seats where they (the Uniteds) coutcl not win them’ meaning that some of the candidates were being 1 put forward to bring about vote splitting. In this electorate, Alt - Clayton as a. representative of Sir Joseph and. his party, did not have a hope of getting in. He w-ouid be at the ! bottom of, the poll; m fact he doubted if he would poll as many votes as had' Mr Smith at the last election, for Mr Smith was in a higher cate-gory-,,as a public man than Mr Clayton’ What could the people think ot a party leader who was prepared to sacrifice the country with such a scheme ? ’asked Mr Lysnar. Therewas little that was good in the United Party’s po-icy that was not Reform’s platform. He excepted the £70,000,000 loan proposal. “it is a case of the ‘ins’ and the ‘outs’,”, said Air Lysnar and the United Party are grizzling because they are not in.” Touching upon the United Party’s £70,000,000 loan scheme, Air Lysnar said that Sir Joseph Ward had said that the money would be advanced to applicants at 43 per cent., but he had now- admitted* that the money would cost oi per cent. What right had 'anyone to advance the money at that rate and make the general taxpayers bear the loss?