I will not say much about financial affairs as I do feel that I am not competent in the matter. I think that we have a very capable advisor in Sir Edward Cooke.
The one important question is the proper division of the resources available among the Ministries. I know that, in your opinion. We spend too much on the Defence forces. I am inclined to agree with you in this respect, yet the cutting down of expenditures on Defence is a very serious responsibility. Very few people dare advocate such a thing, as we have too many experiences of the swashbuckling policy of our neighbours.
I am getting the whole of our financial policy overhauled, but I am somewhat at a disadvantage in not really competent in the matter.
Have you any opinion as to our financial policy?
The one change of importance that I am contemplating at this moment, is the organizations of Municipal Councils. I think that, at first, these Councils should be nominated. Later on we might try