“ WOULD CONFUSE THE PUBLIC MIND.”
MR LANG’S STATEMENT STRONGLY CRITICISED. (CONTINUED FROM PAGE 1.) (United Press Assn.—By Electric Telegraph.—Copyright.) (Received November 28, 1.35 p.m.) SYDNEY, November 27. Mr B. S. B. Stevens, ex-Treasurer, points out that Mr Lang’s statement that there was a deficit of approximately £15,000,000 in the Treasury cash account when he assumed office was calculated to confuse the public mind and misrepresent the position. It would also prejudice Australia’s credit abroad. The Bavin Government had told the people the truth about thp position. In August £12,000,000 was owing, and since then it had been impossible for the Commonwealth or j State Governments to secure loan accommodation. Distorted statements designed to place the blame) cn the Nationalists would not assist matters. Restricted loan expenditure and drastic economy offered the only hope of salvation. ESS®®®®®®®®® SI 111® 111 EE® SEE LATE NEWS. Late news will also be found on Pages 3 and 8. Slililllliiliiiiliiffl
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Bibliographic details
Star (Christchurch), Issue 19239, 28 November 1930, Page 7
Word Count
155“ WOULD CONFUSE THE PUBLIC MIND.” Star (Christchurch), Issue 19239, 28 November 1930, Page 7
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