Article image
Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.


Published by Arrangement

SMALL BUSINESSES THREATENED Once extremist Labour politicians get under way they press on with State ownership in all directions. We are seeing this develop in New Zealand now at an alarming rate. The latest instances are nationalisation of banking and the airways. Not merely large financial institutions, but the small men also, are regarded as fair game by the Stateownership fanatics. Nobody is safe.

Look at what was done in Australia. The Queensland Socialist Government ran the following Stateowned undertakings, and suffered the following losses:— • LOSSES Government Butcher Shops .. 28,014 " ' Produce Agency . 18,686 " Fish Supply 36,012 Cold Stores 59,929 " Cannery 112,696 " Cattle Stations ... 1,669,904 " Smelter & Mines . 1,586,299 " Other ventures ... 156,889 £3,668,429 The actual losses (including uncharged interest) were £4,447,216, which had to be. found by the taxpaving public. The Queensland State trading experiment was such a shocking failure that it was discontinued, but not before the people had had their bitter lesson. Socialist extremists are the same the world over. Nationalisation of banking and the airways in New Zealand is only a start, and no one can look on disinterestedly and say it does not affect them. — Inserted by the Associated Chambers of Commerce of New Zealand.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

WHICH NEXT ?, Auckland Star, Volume LXXVI, Issue 171, 21 July 1945

Word Count

WHICH NEXT ? Auckland Star, Volume LXXVI, Issue 171, 21 July 1945

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.