ABOUT REPUDIATION.

Southland Times, Issue 21717, 1 June 1932, Page 7

ABOUT REPUDIATION.

To the Editor. Sir,—ln your footnote to my letter in Monday’s paper you say “Mr Lang’s politics were interesting because they represent the way of the repudiator and led to the re-awakening of the oeople.” Now, sir, if you said that of our own Government it would be equally, if not more, correct What would you call the pension cuts, the wage reductions, and the abolition of the Arbitration Court if not repudiation? Then for straightout repudiation what of the clause in the Finance Bill to reduce the benefits due to the contributors to the National Provident Fund. Under this clause these benefits were to be reduced by one-third even to those policy holders who had been paying in for years in the expectation of full benefits. I believe this clause has been withdrawn temporarily; but it certainly was repudiation in intent if not in deed. , , In regard to the gift to racing clubs I have yet to be convinced that the extra revenue accruing from this gift would reach anything like £35,000. If the racing clubs were so embarrassed, why could not they reduce their own overhead expenses? At least one club pays £lOOO a year as a retainer to its handicapper pius so much for each race he handicaps; the starter gets about £3O a day and so on; so they have plenty scope for retrenchment. — I am, etc., "CONSISTENT.” [We have dealt with the subjects our correspondent mentions on various occasions.—Ed. S.T.]