Mr. Barclay (Dunedin City).

I am glad to see that Mr. Barclay also looks upon this as a National and not a personal question. He correctly points out that we have run greater risks in our experimental legislation, and I may ask could we run as much risk of loss in trying this system, if it is put in force in the manner I propose, as we shall run in working State coal mines, or State fire insurance? Time will show. Mr. Barclay appears to have a much better grip of what has been done in Hungary than most men, and I feel much indebted to him for placing that matter so clearly before the House.