LOANS IN DOMINION.
COMPULSION NOT DISCUSSED. COMMENT BY MR. FORBES. [BT TELEGRAPH. —OWN CORRESPONDENT.] WELLINGTON. Wednesday. Some references to the probable legislative programme of the Government at the emergency session of Parliament next month stressed so strongly the references of Ministers to the importance of giving the Cabinet wide emergency powers in regard to finance, that an impression was created that the wartime precedent of compulsory loans would be revived. This suggestion, when referred to the Prime Minister, lit. Hon, G. W. Forbes, was at once contradicted. "We have never considered the question of compulsory loans," remarked Mr. Forbes. " This has not been one of the things to which thought' has been given by the Cabinet in connection with the problems on hand. If there is such an impression prevailing it certainly cannot be based on any Ministerial statements."
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Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21086, 21 January 1932, Page 8
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139LOANS IN DOMINION. New Zealand Herald, Volume LXIX, Issue 21086, 21 January 1932, Page 8
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