THE DRIVING FORCE.

Waikato Times, Volume 118, Issue 19762, 18 December 1935, Page 9

THE DRIVING FORCE.

(To the Editor.) Sir, —Your persistent correspondent Watson Holmes rushes into print to state that ‘‘to defer dealing with the Reserve Bank, the Mortgage Corporation Act, the broadcasting question, and reappointing reactionary economic advisers to important departments are pointers that do not augur well for the future. Is fear still dominating our leaders?” That is about the last word in impatience. To deal with the Reserve Bank an amendment of the law will be necessary, and Parliament has not yet- assembled. The same applies to the National Mortgage Corporation Act. It will take time even to draft the legislation, and then it must have the consideration of Cabinet. What reactionary economic advisers have been appointed? Can your correspondent give any particulars? The trouble is that these enthusiasts are so impatient that they suspect any delay, and yet delay, is inevitable. Indeed it is desirable, because, in matters of such importance to the community care must be exercised, and haste and care are not good teammates. Fear is not dominating, but reasonable caution is, and long may it continue to do so.—l am, etc., C. RU33BRIDGE. Hamilton, December 17.