POLITICAL NOTES.

Waikato Times, Volume 113, Issue 18855, 27 January 1933, Page 8

POLITICAL NOTES.

RESUMPTION OF SESSION.

HISTORY LIKELY TO BE MADE

THE EXCHANGE ISSUE

(Times Correspondent.)

WELLINGTON, Thursday

After a recess of seven weeks, the second session of the 24th Parliament was resumed this afternoon. _ Practically all members have arrived in Wellington, and there is an atmosphere of suppressed excitement in Parliament buildings. Recent events in the political world have invested the meeting of Parliament with more than usual interest, and there a general feeling in Hie lobbies that history is likely to be made within the next few weeks.

The Government's decision to raise the exchange rate is naturally Hie main topic of interest and this will form tiie chief subject of discussion during the first part of the session. The Government’s plans for the business of the House are uncertain at the moment. A start will he made with tiie serious business of the session to-morrow morning, and during the day the Prime Minister (the Rt. Hon. (G. W. Forbes) will make a policy statement setting out the proposal's which will be submitted to members. The two leaders of the Coalition have been in conference with Treasury officials 10-day, and Mr. Forbes was busily engaged in adding the finishing touches to his statement.

it is expected that the main test on the exchange issue will occur on the second reading of the Bill providing lor the indemnification of the banks. This measure will probably make its appearance during to-mor-row’s sitting, and a debate on the Governor-General’s Message _ transmitting the Bill to the House is considered to be inevitable. The main debate, of course, will occur on the second reading stage, and it is then that the ex-MJnister of Finance (the Hon. W. Downie Stewart) is expected to state his position. Mr. Stewart has not yet been informed of the procedure to he followed by ihe Government.

NEW MEMBER FOR MOTUEKA.

SWEARING-IN CEREMONY.

WELLINGTON, Thursday

Mr. K. J. Ilolyoake, the newly-elected Coalition member for Motueka, took the oath and his seat in Hie House of Representatives to-day. .Mr. J. N. Massey (Franklin) and Mr. J. Bitchener (Wailaki) acted as Mr. Holyoake’s sponsors ai the swear-ing-in ceremony. The new member shares a back row scat on ihe crossbenches with Mr. \V. P. Endean (Parnell).

RAILWAY* PROPERTIES.

QUESTION OF PAINTING

WE L LIN G T ON, Thursday,

Mr. J. O’Brien (Labour, Westland) gave notice lo ask the Minister of Railways whether he would use his influence with llie Railways Board to have Hie railway buildings and rolling stock painted in cases where it was badly needed. Mr. F. Langstonc (Labour, Waimarino) gave notice to ask the Minister of Railways whether it was a fact that painting was being done by the Department with labour subsidised hy the Unemployment Board.

NO NEW MINISTERS.

THE MATTER HELD OVER

WELLINGTON, Thursday

The fact that the Government does not Intend to make any further appointments to the Ministry until the end of the session was repeated by the Prime Minister, the lit. lion. G. \V. Forbes, in an interview this evening.

Mr Forbes said that Mr Coates had various matters to complete connected with Public Works Transport, and that in the meantime the allocation of the portfolios was being held over.