RECORD OF GOVERNMENT

Waikato Times, Volume 118, Issue 19665, 27 August 1935, Page 3

RECORD OF GOVERNMENT

PRIME MINISTER’S POLICY SPEECH. ADDRESS TO RANGIORA ELECTORS FOUR YEARS’ WORK REVIEWED (By Telegraph.—Special to Times.) RANGIORA, Monday. A survey of the work of the Government during the past four years was given by the Prime- Minister, the Rt. Hon. G. W. Forbes, in an address at Rangiora this evening. After tracing the growth of the depression in other countries and its manifestations in New Zealand, Mr Forbes outlined the successive measures adopted by the Government to cope with the situation, emphasising that the cardinal point of its policy was to keep the primary industries going. The measures for financial rehabilitation were referred to, embracing the National Expenditure Act, the Reserve Bank Act, Loans Conversion Act, Mortgage Corporation Act, and Rural Mortgagors’ Final Adjustment Act, together with othe-r legislative adjustments brought into effect. After referring in terms of pleasure and pride to his visit to Britain where he took part in the King’s Jubilee celebrations, Mr Forbes described in general terms the evidences of recovery shown in the Old Country, particularly with regard to industrial development, reduction of unemployment, and expansion of external trade. He then proceeded to summarise the causes leading up to the world depression, and recounted the steps which led up to the formation in 1931 of the Coalition Government. The task with which that Government was faced was something -quite new in the memory of man, Mr Forbes said, and the record of the Government was seen in the progress that had been made at the present time.