MR REEVES IN AUSTRALIA.

New Zealand Mail, Issue 1190, 21 December 1894, Page 11

MR REEVES IN AUSTRALIA.

The Bulletin makes the following 1 remarks apropos of the visit of the Hou W. P. Reeves to the Australian colonies : “M.L. Minister for Labour Reeves gets home on the anti-land taxers who point every doleful prognostication with ‘ Look at Maoriland!’ The M.L. land tax is three and a-half years old. If, says Mr Reeves, the farmers have suffered, how is it that they made a clean sweep of land tax opponents at last year’s general election ? Whence was most capital withdrawn last year—from Maoriland or from the smashed and smashing banks of Australasia —who have found it necessary to prevent by law the depositors from taking out their funds ? If capital is so scare in Maoriland, why are the banks reducing deposit interest ? And, finally, if the land tax has ruined Maoriland credit, how is it. that her securities stand at the top of the Australasian list on the LOndon Stock Exchange ? Hey !’’ Melbourne, December. 18. The Hon. W. P. Reeves addressed a meeting at the and declared that the recent labour legislation in New Zealand had proved decided'y beneficial. Mr Reeves writes to, the H,erald disclaiming a statement published by the morning papers that he devoted the major portion of his address in the Trades Hall to answering the attacks made by the Argus on New Zealand. He emphatically -pointed out that in the Undesirable Emigi'ants Bill all Victorian tourists were specially exempted.