UNECONOMIC INDUSTRIES.
The prophecies of the evils which would result from high tariffs, and the practical total prohibition of importations of all manufactured gix>ds. have, now come to pas;.. Economists and l'U-inescx men. and those thinkers who have tlie genuine interests of the country at heart. ha\e repeatedly urged the • Jmernment nni t<i proceed with a policy which would ultimately increase the cost of living. However, they did so. and we have had the .-pcctacle of the tramway workers virtually going on strike f'-r increased \\at:cs. They have succeeded in getting an increase of 8 per <''ii(. which in turn -w ill have to be pas-ed on to the puMic So the \ickras circle goes <>n. There j* only one way to reduce the eost of living and put this country on tho road to prosperity — protect only secondary industries which are economically >otind. and obtain revenue liv reasonable Customs tariffs i'ii the balance of our imjxvtations. COMMON SEXSE.
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Auckland Star, Volume LXXI, Issue 107, 7 May 1940, Page 6
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159UNECONOMIC INDUSTRIES. Auckland Star, Volume LXXI, Issue 107, 7 May 1940, Page 6
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