Time to Study Mortgage Bill

Manawatu Times, Volume 61, Issue 188, 11 August 1936, Page 7

Time to Study Mortgage Bill

To be Introduced This Week

STOPPING LAND SPECULATION

(Special to ’'Times”). WELLINGTON, Last Night. In order that tho House and the country may have an opportunity of studying the provisions, the Government intends to introduce its mortgage legislation at tho earliest possible moment. The Prime Minister (the Kt. Hon. M. J. Savage) stated to-day that the Bill was practically ready, aud would probably be introduced this week. It was not his intention to proceed with the measure immediately, as he desired giving everybody an opportunity of becoming conversant with its provisious. Mr Savage emphasised that the guaranteeing of a price for dairy farmers was only part of the plan for , the rehabilitation of the dairy industry, and the whole effect of tho Government’s plans would not be manifest till the mortgage legislation was brought down. Discussing tho mortgage legislation generally, Mr Savago indicated that « was not the Government's intention, after tho primary producers had been restored to a normal basis, to allow conditions in the future to operate which would bring about the financial embarrassment to primary producers that had.occurred in the past. One of the chief aims of the Government was to prevent land speculation, aud that could be brought about by taxation. ‘‘Whatever form of taxation is necessary to take for the community what belongs to the community wilt be carried into effect,’’ he said. Asked if it was likely that the guaranteed price for dairy produce would be extended to include other forms of primary produce, Mr Savage said that other forms of primary produce would bo bruugbfunder the marketing scheme as soon as possible; but that did not mean that that would be done this session. There was no need to worry about wool, for instance, at this stage, but other primary industries were anxious to be brought in and that would be attempted as early as possible. ‘‘lt looks to me as if we have as much as we can carry for one session,’’ no remarked. “We are pledged to the electors and to the. primary producers to guarantee prices and a decent standard of living.) ’ Asked when it was likely that the Minister of Finance (the Hon. W. Nash) would be leaving for- England, Mr Savago replied that it might be in October. Air Nash would be free to go as soon as the legislation "lie was interested in was working smoothly and his Treasury obligations wero completed.

Dairy Farm Hands WAGES AND CONDITIONS. Per Press Association. CHRISTCHURCH, Last Night. As soon as tho Mortgage Adjustment Bill is through the House of Representatives the Aiinister of Labour (the Hon. 11. T. Armstrong) will introduce legislation governing tho wages and conditions of employment of workers on dairy farms. Air Armstrong said that this Bill, which make 3 provision for annual holidays, is based on an agreement with the Farmers' Union. It was not proposed to go beyond tho scope of the agreement. Once this legislation became law there was little doubt, that other farm workers would come in. Air Armstrong said it was probable that there would be further negotiations with tho Farmers’ Union ou their behalf.