INTERNATIONAL THOUGHT.

Auckland Star, Volume LXIII, Issue 59, 10 March 1932, Page 23

INTERNATIONAL THOUGHT.

solution' op economic problem:

VIEWS OF PROFESSOR ALGIE

Addressing the New Zealand Accountants and Auditors' Association at their annual dinner, Professor R. M. Algie eaid the world was suffering from depression in varying degrees of intensity and in order to seek a solution people had to learn to think internationally. The time had come when it was impossible to solve the country's problems on purely local or national lines. It did not follow that it was necessary to begin hy adopting farreaching or grandiose schemes. It was not even necessary to 'begin with schemes possessing completeness of detail. The first essential •was the development of a habit of mind enabling the difficulties to be approached from the standpoint not only of ourselves but of other people.

Referring to his recent, world tour, Profesfeor Algie discussed some of the political problems affecting countries he lad visited. He expressed the view that it was not essential that Faiscism in Italy should have taken the form of a dictatorship. That was an accidental circumstance due to the urgent quest of'a suitable leader and to the fact that the right man was available at the time. Fascism was a non-party system of government based on the principle that only a true national government could sweep away sectional or vested interests and secure the nation's welfare. Professor Algie said that of all the countries he had visited in Europe the new republic of Czecho-Slovakia seemed most likely to emerge from the economic crisis with the fewest scars. It had a well-balanced Government, and the people were actuated by the highest national ideals. The unemployment figures, though large, were not so great relatively as those of New Zealand.