PARLIAMENT.
(Per Press Associations
_; TOSLLtNGTOff, July 29. liic Counties Act Amendment Bill passed tiirougli tfo Commit Lee of the Legislative Council. In the' House, Messis Ecid, ' Jennings, and ,'Haiian carried on tho do-oarte.,until-the 5.30 adjournment.. •■, ■■I lie spealvcrs "in: the House tomgkt ■in "the Financial ddbatc' ' were .Mr.DiitbicSii-. J. G. Ward/^nd Mr , Buddo. ".'.■.■'. •-V "' -I.:": --.'v.---' .In tho oftis -speechr 'Sir'J; ! "■•■.;-.»V.ard. i-eforring "to rfcie .financial: position-, of ..tie said :%he~ cqn^ •trabution-from-.-iKb^-consblidaiied.-'fuad' to the public works .fund, .waEi/a'suf-'ficie'rit--answer to 'any- 'adyersd .■ critic-: ism.. ;• To.r^ise- the rate of interest, as iirged by Mr Massey,' to" inveisiprs 111 the post -office savings .bank wpuld raise the-gen-oral rate of interest .in the colony. As to sinlcing fuiids,' he was oncean faypurr of • them, but,*ad now. .changed- liis ■ mind: '^Tlie 'leading .Jinanoial .aiitlioritics ■ were against a sinking fuiicL until a cblonj';, itai'd reached .the. end of its •. borrow-inja-. _Xhe debate was adjourned, attd the House rose at midnight,--..
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Bibliographic details
Manawatu Standard, Volume XL, Issue 7902, 30 July 1904, Page 2
Word Count
155PARLIAMENT. Manawatu Standard, Volume XL, Issue 7902, 30 July 1904, Page 2
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