Parliamentary Opening Statement




Num. 18. 549

THE

NEW ZEALAND GAZETTE

EXTRAORDINARY.

Published by Authority.

WELLINGTON, WEDNESDAY, MARCH 11, 1931.

THE Fourth Session of the Twenty-third Parliament of New Zealand was
this day opened by the Governor-General, when His Excellency was pleased
to make the following statement of the causes of the calling of this Session of
Parliament together:—

HONOURABLE GENTLEMEN OF THE LEGISLATIVE COUNCIL, AND GENTLEMEN
OF THE HOUSE OF REPRESENTATIVES,—

It affords me much pleasure to meet you again in Parliament
assembled.

On the advice of my Ministers, I have convened this special session
in order that your earnest consideration may be given to matters of
urgent national importance arising out of the present economic situation as
it affects this Dominion.

Since I last had the opportunity of addressing you, the external
markets for our products have experienced a world-wide depression, and
the values of our wool, frozen meat, dairy-produce, and other primary
products, upon which our national prosperity preponderantly depends, have,
after continuous depreciation over a considerable period, reached so low a
level as materially to affect, directly or indirectly, the economic well-being
of all sections of the community. Here, as in other countries, depression
of trade and industry has inevitably increased unemployment. Although
the measures adopted by my Government, in co-operation with local
authorities, have afforded substantial relief, the solution of this pressing
problem continues to receive their anxious and sympathetic consideration.

Notwithstanding the exercise of strict care and economy in expenditure,
the public accounts of the Dominion seem likely to show a deficit for the
current financial year—a deficit which my Advisers consider will be largely
increased during the subsequent financial year, unless, with your authority,
remedial measures are promptly undertaken.

Faced with the prospect of a falling revenue and the possible con-
tinuance of relatively low export values for our primary products, my
Ministers desire to stress the urgent necessity for rigid economy in all public



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🏛️ Opening of the Fourth Session of the Twenty-third Parliament

🏛️ Governance & Central Administration
11 March 1931
Parliament, Economic Situation, Unemployment, Public Accounts, Deficit
  • Governor-General