THE SIXTY MILLIONS.
SIR JOSEPH WARD’S POLICY. CAN HE “DELIVER THE GOODS.” (Special to Daily Times.) WELLINGTON, December 13. Speaking in the course of the financial debate to-night, Mr D. Jones (MidCanterbury) made a trenchant criticism of Sir Joseph Ward's speech. Sir Joseph Ward had made great promises, 31 r Jones said, but he now admitted that he could not {deliver the goods. If he had made the statement he had made that night a few days before the general election, the right hon. gentleman would not be where he was to-day, but would be sitting in the scat now occupied "by the Leader of the Opposition. Sir Joseph Ward: Not on your life! (Laughter.) Mr Jones: The right hon. gentleman promised £(50,000,000 at the rate of £8,000,000 or £10,000,000 a year. Now he could not deliver the goods. Money could be got at 5J per cent. now. Tomorrow the effect of the Prime Ministers statement that night would be to put the rate up to 0 per cent. Thousands of mm with mortgages in New Zealand would have their hopes blasted. The whole policy of the United Party had been thrown overboard. It had been repudiated that night.
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Otago Daily Times, Issue 20591, 14 December 1928, Page 8
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199THE SIXTY MILLIONS. Otago Daily Times, Issue 20591, 14 December 1928, Page 8
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