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CIVILIAN DEFERRED PAY.
Suggestion by Mr Menzies.
BRISBANE, Jan 20.-A scheme
for deferred pay for civilians to pre
vent the growing menace of infla
tion in Australia was urged by Mr
R. G. Menzies, a former Prime Min
later, when he arrived in Brisbane
today.
Supporting his plan Mr Menzies
made these points: Men in the fight
ing services had deferred pay. It
would help the people to meet what
might be a difficult time after the
war. Unless the financial burden
both by taxation and loan was really
equitably distributed the danger of
marked inflation would continue.
Unless the Government acted, he
said, the value of money would con
tinue to fall. Nothing but inadequate
political reasons possibly justified the
Government leaving relatively un
touched the enormous amount of
purchasing power in the lower in
come groups. Pointing out that about
25 per cent of soldiers' pay was de
ferred, he said that if this were done
with civilian wages the amount
brought into the Treasury would be
about £150,000,000 a year.
$