YESTERDAY'S WORK

New Zealand Times, Volume XXXIX, Issue 8776, 4 July 1914, Page 7

YESTERDAY'S WORK

LEGISLATIVE COUNCIL ADDBESS-IN-RJ3PLY PRESENTED. Tho Legislative Council assembled at 2.30 p.m., and adjourned immediately to present the Aclclrcss-in-Hopiy to J:iis .Excellency the Governor. The Council resumed at 3.20 o dome. The Hon. H. D. -Hell moved that certain standing orders bo suspended, so that nominations for the position cl Chairman of Committees of the whoio Council should reach the clerk not later than 2.30 to-day, and that the election take place on Wednesday, Ju.y loth.. This was agreed to. The Hon. Mr Bell said that ho d;d not propose to continue the debate on the Master and Apprentice Amendment Bill that afternoon, as there would be no chance of completing it before 5 o’clock, and, also, he desrrccl ■to reply to some of the observations that bud been made by members of •the Council. Ho therefore proposed that the Council adjourn till Wednesday, July loth. This was agreed' to, and the Council rose at 3.25 p.m. HOUSE OF REPRESEN FATIVES The House of Representatives met at 2.30 p.m. NEW BILL. Mr A. H. Hindmarsh (Wellington South) gave notice to ask leave to introduce the Imprisonment for Debt Limitation Amendment Bill. LAND SELECTION. S’r Joseph Ward asked the Prime Minister wnethe-r there had been rases of settlers failing to take up land allotted them. The Prime Minister said that the only cases were two in Southland. He had seen the Commissioner in that, district, and ha had said that ho had no doubt that the whole of the country that had been opened up would be taken. The Government had been wonderfully successful in the land it had opened up. LOAN EXPENSES MINISTER CHARGED WITH " EQUIVOCATING. ' Mr A. M. Myers (Auckland East) asked the Minister for Finance when the House could have the latest partioullars regarding the last 4i million loan. Mr Allen: “ I’m not sure that we have the latest particulars regarding cost, hut I will let the House have them as soon as possible.” Sir Joseph Ward asked the Minister whether, in raising money at Home, he had done so at less cost than former transactions. ’‘ I mean as far as brokerage and commission are concerned.” Mr Allen: ‘‘Yea, 1 have.” Sir Joseph Ward: “ Through the Condon. Stock Exchange?” ■Mr Allen: ‘‘Through the broker in London.” > Sir Joseph Ward: “ Yes, but through tho London Stock Exchange?” Mr Allen was asked the question several times, and stated that as far as he knew he had never raised money through tho London Stock Exchange, uor had the right hon. gentleman. Sir Joseph Ward: “I’m sorry to have to say it, but the Minister is equivocating”’ The Hon. W. H. Herries rose to a point of order, and wanted to know if this remark were in order. At the request of tho Speaker, Sir Joseph Ward withdrew the expression, hut said that the Minister had not given a straightforward answer on a most important question. Mr Allen: “I have said that I have raised money at less cost as far as commission is concerned, and I can’t say more.” Opposition members; ‘‘Your© shirking it.” , _ , Sir Joseph Ward: Tho London Stock Exchange Committee has always fixed the rates a t which these transactions have been earned out.”