Would The Plan Work?

Northern Advocate, 28 July 1938, Page 9

Would The Plan Work?

"Last time you voted for the Labour Government because you thought they were showing' the way out of the depression; I am not so sure that they' are not smoothing the way for another," said Professor H. M. Algie, organiser of the Auckland Provincial Freedom Association, when countering an intcrjector at the Whangarel Town Hal) lasl nighl. "The Prime Minister and others have given ns fen assurance that there will be no new depression—that they have a plan already to put into operation whereby the country will be Insulated. Supposing they arc mistaken '—tlml ill-. 1 engine is a little slow in starling or won't go at all—what then'.’ Earlier Promises Unfulfilled. The Prime Minister, speaking at Auckland immediately after the elcclion, said: “We have been planning for this for 30 years. Every one of our i premises will be put into effect right I away." Among the things promised f were the abolition of exchange, the sales lax. unemployment and the unemployment tax. The professor expressed the opinion that it Would have been impossible for any Government to have reduced the rate of exchange without a radical change in New Zealand’s currency. But the fact remained that the Government's plans for the immediate execution of three important promises had miscarried without any apology having' been made for the non-fulfil-ment. and in view of that he was rather sceptical of the anti-depression plan, which might also fail to spring'.