WORKERS WARNED

Timaru Herald, Volume CXLV, Issue 21280, 25 February 1939, Page 17

WORKERS WARNED

“BLANDISHMENTS” OF NEW ZEALAND WILL IT PAY TO GO? United Press Association—By Electric Telegraph—Copyright (Received February 25, 1.30 a.m.) MELBOURNE, February 24. Building artisans contemplating accepting work in New Zealand, are warned by the president of the Victorian Employers’ Association (Mr E. F. Ryall) to discount the “blandishments” of the New Zealand Government. Mr Ryall said the men should Inquire 1 e cost of living in New Zealand, which he believed was higher than Melbourne, and as a result, real wages may be less.

The men should also consider what would happen, when twelve months’ guaranteed work ended. Mr Ryall added: “In New Zealand the economic position is far from good.” It Is worse than in Australia, and appears to be deteriorating still further. It will not be much good for the men, if stranded In New Zealand, to try to edge themselves back into the building industry here. They should not be misled by the specious talk by the New Zealand Government concerning conditions in the Dominion. “TOO FAST AND TOO FAR” NEW ZEALAND CRITICISED United Press .■• relation—By Electric Telegraph—Copyright (Received February 25, 12.55 a.m.) LONDON, February 24 “The New Zealand Government is going too far and too fast,” declared Lord Balfour, chairman of the National Bank of New Zealand, speaking at a reception to the New Zealand group of the Overseas League. “The Dominion,” he added, “is experiencing a period of economic and financial stress and must remember that a large loan is maturing and must be met in London at the beginning of 1940.” He was convinced that the Dominion’s resources and the character of her people would enable her to retain her position in the world’s financial markets. Mr Jordan’s Retort The High Commissioner (Mr Jordan; warmly replying, said “As regards the too far allegation, he pointed out that 56 per cent, of the voters approved of the policy of the Government, which was carrying out the injunction to ‘care for the poor, the old and afflicted.’ That Injunction was made two thousand years ago, yet to-day Lord Balfour says it was too far and too fast.”

“As for the maturing loan,” said Mr Jordan, “I believe it will be renewed. The question is on what terms ” Mr Jordan reported: “It is usually the sign of old age when people spoke about others going too fast. I have every confidence in New Zealand. What little money I have will be put into New Zealand stocks—every beau.”