FIXED CHARGES.
Coalition Member Urges Reduction. CLAIMS OF FLESH AND BLOOD. (Special to the *' Star. > WELINGTON, March 4. " The breaking; of contracts is distasteful, but flesh and blood has its claims.” declared Mr A. E. Ansell (Coalition, Chalmers), in advocating a readjustment of fixed charges during the Address-in-Reply debate to-day. “ The time has arrived,” he added. “ when we cannot afford to put the sanctity of contracts above flesh and blood.” He asked members to look at any banknote and see on it. “We promise to pay £1 sterling.” but he would ask them to try the banks and see what they would get if they presented their note. Mr Fraser (Labour. Wellington Central): You would get the same old paper back. Mr Ansell strongly declared that any further economies must definitely be accompanied by reduced rents, rates of interest and other fixed charges.
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Bibliographic details
Star (Christchurch), Volume XLIV, Issue 364, 4 March 1932, Page 7
Word Count
143FIXED CHARGES. Star (Christchurch), Volume XLIV, Issue 364, 4 March 1932, Page 7
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