N.Z. Pension Plan

Waikato Times, Volume 123, Issue 20576, 13 August 1938, Page 8

N.Z. Pension Plan

4.30 O’CLOCK EDITION

OVERSEAS CRITICISM INSTALMENT OF UTOPIA I CASH FINDING PROBLEM Jolted Press Assn.—Elec. TeL Copyright (Received Aug. 13, 3.15 p.m.) LONDON, August 12 Commenting on the New Zealand pensions proposals the Daily Mail, in an editorial, describes them as the lirst instalments of Utopia and adds | “they will remain very pretty reading until New Zealanders face the finding of the cash. This precisely is the sort of programme the British Labourites are panting to introduce, but it is hopeless, and impossible in economics when all the money that can be raised in Britain is earmarked for rearmament.” ANOTHER VIEWPOINT AN INCENTIVE TO THE WORLD (United Press Assn.—Elec. Tel. Copyright; (Received Aug. 13, 3.15 p.m.) i LONDON, August 12 , The Daily Herald, in a leader on ] the New ’Zealand proposals, says ; there arc still people who say that ; Labour is unfit to govern, but they j always have a hard time when asked j to explain away what is happening in j New Zealand, \vhe # re the Labour Pen- j sions Bill, after other reforms, is a j gTeat triumph and a lesson to the j Empire as to what Labour can do. j Such news is worth spreading. New j Zealand cannot continue indefinitely j raising the standard of life without j the people of this and other countries wanting to copy her.