Adjust Exchange Rate
p. 133 · Read in the full issue
Western Samoa May
HORRID” was the description one Opposition member gave to a clause of the Western Jamoa Amendment Bill passed by he New Zealand Parliament dur ng November.
The offensive clause gives the Samoan Government the power to Jter the rate of exchange of Samoan currency as compared with Jew Zealand currency. The Hon.
I. G. P. Mason said that the clause ,dds another division to an over loaded world and will lead to un ertainty in the legal world.
Mr. Webb, Minister of Island ?erritories, said that the provision let the request of the Samoan iegislative Assembly. Restoration ©f he New Zealand pound to a par nth Sterling in 1949 had, he was uformed, caused distress in Samoa.
L Select Committee set up by the V. Samoan Government had re ommended an independent cur ency for Samoa.
Another clause in the Bill will mpower Western Samoan Judges o impose terms of imprisonment nd deal with cases involving per ms other than Samoans.