NATIONAL ECONOMY.

Press, Volume LXVII, Issue 20415, 9 December 1931, Page 13

NATIONAL ECONOMY.

' *£ Tags?* t0 Mr M " hin jgtaHWsiL committee members their order ot proposed Economy S* *ey Tiew the extray*. imS&~ ffim » national point ■£* confine themselves to /Storing Government exin recent numbers ot Utesmas and Nation'' the Economy Comto a mercimight have been wor ked out the results S3?*Se!S»ndßtions and tabuSfeilSTJy « da w,t ?i 1 , the ": No oae wl l> doub j sincerity and good Mr Ma-hin and his coliflffLfc nevertheless I suggest wark to a definite HfsT; defim.« objective, and jS oiffltest losing off a few Ik here and c .few there they h infinite puins to trace the fdigjr recommendations and i lbat their suggestions are tA their objective. Pjher critics of the English fit 1 Mr J. * v - Keynes has !£i, analysis of th« findings, <U like to draw Mr Machin s T f ac t that nobody lias I Jlr Keynes's figures, which IQftj backed up by other up. «onomist.«. Indeed, so Sw ie Mr Keynus's case that igjrfjv strong Conservative £jjifjj refused to take further % case where the cure is so Kfadrmow than the disease. Wh eat to say that no Govern-Lp-iifi are cither necessary tut one must remember WflSi Zealand. lere nearly all aLbgpK >re price-fixing comsuffer quite a lot from 3|P tstravagance. I can well SL Mr Machin's wrath if the HMflt'fere responsible for the jtton of petrol, for instance. Sftm>rnment Departments 3L. (or trade up and down the vitb a shockingly wasteful OHB of plant, etc.! Preposter|P' ft must be remembered 5-iaxpayer pays for this exet now, for ifc is of little con-Tt-betber e pays through injtf through prices. The point ipays, and to make sure that rixnn« to bear this cost the ( feonpanies have v wisely' it'there shall be no priceWe about Chamber of Compulsions is that their melius* the same at, that o'f , Union agitators. In both ltars off with an overwhelm - of'personal or class injustinsrenders them unfitted life a calm and logical ptpm' D ' c ' DAVIE