NEW LEGISLATION

Stratford Evening Post, Volume IV, Issue 159, 17 June 1936, Page 6

NEW LEGISLATION

Govemm« To Wa*ch Bui \\l-l Pry. MR SAVAGE'S STATEMENT. Prass Association—Copyright. Wellington, June 16. Suggestions from Christchurch that the Government intended to appoint accountants to investigate the affairs of important firms, particularly to see the effect of the new industrial legislation was specifically denied .by the Prime Minister, the Rt. Hon. M. J. Savage, in an interview to-night. "Such a suggestion has no foundation at all," said Mr. Savage, "because it would imply for one thing that the Government is out looking for trouble. As 1 have said time and again from the public platform and elsewhere, we have no intention whatever of harassing business people and putting obstacles in their. Way. ' "At the same time this does not mean that the Government will not watch very closely any tendency on the part of industry to take undue advantage of changed conditions. There can be no argument against the fact that if one industFy is allowed to' exploit people alitl make undue profits it can only do that' either at the expense of some other industry or the consumer's. We intend' to watch developments, of that sort and if nscessary to make use of all the powers that are already available under the Board- of Trade Act for dealing with f.xpJoitatjon.

V'ln thfe meantime our desire is to play ihe part of refdree, seeing that both sides get a fair deal, because we have already recognised that the man; who pays wages is entitled to consideration as well as t»he man who receives them."