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PRINTING PRESS

.LABOUR PARTY AND FINANCE. TE AIIOHA, July 18. “What about that printing press you were going to use for money?” said Mr W. C. Kennedy to the Minister of Internal Affairs, the Hon. W. E. Parry, when the Minister was replying to a request for financial assistance to sports bodies. “I want to tell you,” said the Minister, “that even the printing press must have the brakes put on it, too. It can only be used in ratio to the quantity of goods we can. produce. The money available in any country, whether printing-press money or any otucr kind of money, is limited by the annual production wealth of the country. We have to keep the exchange in terms of money in ratio to the goods we produce. “I w r ant to disabuse the minds of those people who think that all we have to do to get money is to use the printing press,” Mr Parry concluded. “This Government is not travelling along that road.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19360721.2.8

Bibliographic details

Hokitika Guardian, 21 July 1936, Page 2

Word Count
169

PRINTING PRESS Hokitika Guardian, 21 July 1936, Page 2

PRINTING PRESS Hokitika Guardian, 21 July 1936, Page 2

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