SOUND GOVERNMENT

Otago Daily Times, Issue 22612, 2 July 1935, Page 5

SOUND GOVERNMENT

TO THE EDITOR . Sib, —Accepting the correctness of the figures given us by the Acting Minister of Finance (Mr Hamilton), which appeared in your issue of Saturday, we have surely cause to be thankful and appreciative of our Government, for the way in which it has guided this, our beloved Dominion, through so many troubled waters of late —not omitting the much vexed question of the exchange. In your issue of this morning we find a great number of the London papers applauding New Zealand for standing up to her engagements, by avoiding further deficits. Side by side with this, you favour us with a cable from Washington advising a Treasury deficit of almost three billion dollars and a-half for the past year—clearly the result Of new-fangled beguiling credit schemes or whatever any one individually may prefer to name them. It seems to me that people are never slow in coming to a realisation of the fact that there are ho short cuts to prosperity or, for that matter, to anything else in this life. Consequently, we hear nothing but continuous growls about our Government whilst, in my opinion, they should be accorded the heartfelt thanks of every citizen within the Dominion—l am, etc., July 1. Steadfast.