DEBT REPUDIATION.
LABOUR'S ELECTION CARD. CAPITALISING THE ISSUE. Australian and N.Z. Press Association. LONDON, April IS.
The "debt repudiation" debate has been temporarily placed in the background by the policy speech of the Prime Minister, Mr. Baldwin. Nevertheless, there is every indication that it will flare up again as a prominent eleciion issue, more especially in view of the fact that Mr. Baldwin's programme does not contain any outstanding issue likely to focus the attention of the countrv.
The Labour Party certainly intends to capitalise the debts issue. Mr. Philip Snowden, in an interview in the House, said that throughout the campaign bo would continue to criticise the Balfour Note. He had received a large number of letters, the writers including Conservatives, approving his party's policy.
Mr. Snowden sairl he was convinced that the Government had made the Labour Party a gift of an excellent election card. It is very apparent that the debts question will be a vital appeal. ,Many people, rightly or wrongly, are under the impression that, much of the country's depression is duo directly to it.
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New Zealand Herald, Volume LXVI, Issue 20235, 20 April 1929, Page 13
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180DEBT REPUDIATION. New Zealand Herald, Volume LXVI, Issue 20235, 20 April 1929, Page 13
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