THE DOUGLAS SCHEME
Sir,—l gather that, under the Douglas Scheme, the price of butter will be fixed on a basis of “cost-plus-profit.” A large item in the cost of butter Is the interest on the cost of land. This Is determined by the price paid for the land. It is agreed that the price paid for land is determined by the price of butter. la other words, the price of butter will be determined by the price of Butter. Is the price of butter to be fixed high enough to enable every farmer to pay his interest, and to live in comfort, however great the price he paid for his land? If not, where is the line to be drawn, and what will happen to those on the wrong side of the line?
I submit that, in practice, the price of butter will be determined by the number of votes controlled by those who wish the price of butter to be high, compared with 'the number of votes controlled by those who wish the price to be low. What is the the Ciosey Scheme and the Douglas Scheme? •TGNORISSIMUS.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/BOPT19351106.2.30.1
Bibliographic details
Bay of Plenty Times, Volume LXIV, Issue 11867, 6 November 1935, Page 3
Word Count
189THE DOUGLAS SCHEME Bay of Plenty Times, Volume LXIV, Issue 11867, 6 November 1935, Page 3
Using This Item
NZME is the copyright owner for the Bay of Plenty Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.