OUR BRITISH CREDITORS
Sir.—Mr. Savage's attempts to just if v his indiscretion regarding overseas interest are worse than futile. Probablv many overseas investors in New Zealand bonds have a lower income than the average wage-earner in New Zealand, and for the Prime Minister of a country that he boasts has the sky for the limit in promoting the comfort, if not luxury, of its people, to suggest that other people probably not so affluent should surrender part ol their incomo to help him in his ethereal schemes surely savours of colossal assurance. Meditation with a thinking cap is recommended as a salutary exercise for local politicians; it may pieserve them from other grievous errors. W.M.
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New Zealand Herald, Volume LXXIII, Issue 22465, 8 July 1936, Page 17
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115OUR BRITISH CREDITORS New Zealand Herald, Volume LXXIII, Issue 22465, 8 July 1936, Page 17
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