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THREE QUESTIONS

TO THE EDITOR Sir,—There are three questions I should like answered. In his broadcast on Sunday. March 17, the Minister of Finance referred to the £1,000,000 loan from the Bank of New Zealand as a gift. It cannot be both a loan and a gift Which is it? In Tuesday morning’s Otago Daily Times the Minister of Finance announced 'that the Government had agreed that the salary of the governor of the Reserve Bank during the current year shpuld be paid over to the National Patriotic Fund." Is it then correct to say that his service for that period is without salary when he himself has intimated that “it is a voluntary contribution to the national war effort”? And the third question. Where is all the in-terest-free money coming from that is being poured into the coffers of the State by the importers and business people who a few months ago were saying the import restrictions had ruined them? As late as yesterday’s Otago Daily Times we read of an Auckland importing firm having to reduce its staff owing to the reduction in stocks and business—l am. etc., The Questioner. Dunedin March 21.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19400325.2.89.2

Bibliographic details

Otago Daily Times, Issue 24255, 25 March 1940, Page 8

Word Count
195

THREE QUESTIONS Otago Daily Times, Issue 24255, 25 March 1940, Page 8

THREE QUESTIONS Otago Daily Times, Issue 24255, 25 March 1940, Page 8

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