A LONG SESSION

Otago Daily Times, Issue 22369, 17 September 1934, Page 10

A LONG SESSION

PILE OF LEGISLATION STATEMENT BY PRIME MINISTER (Per United Press Association.) CHRISTCHURCH, September 15. " There is nothing in th. Monetary Commission's report that appears to call for special legislation." This is the view taken by the Prime Minister (Mr G. W. Forbes), who stated' that the report would come before the House, and an opportunity would bo given for discussion. ■ Monetary questions already had been discussed fairly fully in Parliament when private members' Bills were considered, stated Mr Forbes. The commission had been set up to meet numerous requests that those who advocated various systems of currency should hare an opportunity of placing their views before a parliamentary committee. The question of interest charges on Treasury bills had been discussed in the House on several occasions. The recommendations of the commission were matters more for the banks than for the Government; as, for instance, overdraft rates and bank charges. The amalgamation of the State lending departments, as mentioned in the report, had been foreshadowed in the Budget proposals under the heading of a Mortgage Corporation. Other matters mentioned were the concern of the Reserve Bank. An indication that the present session of Parliament would most likely be a long one was given by Mr Forbes. He said it would be difficult to forecast whether Parliament would rise December. The pile of legislation ahead includes matters concerning the Dairy Commission's report. A Bill based on the interim report of the commission was being drafted to facilitate progress •when the full report was ready. Othci matters from which legislation might arise were concerned with the Customs, the companies' inquiry, the Native Commission's report, and an alteration to the mining laws.