Page 14 Advertisements Column 2

Press, Volume XCIV, Issue 28129, 19 November 1956, Page 14

In- j IL--.- 3 Wk iIH. mH'-' w m ? m J Bwß ! ' z / 1 WW M I// /gF fl iWRH Eft v JMBIaw///fi. i .J IwfcuW B; L vita TMwWfl//// J>' fl ■WiS & llTp- / rfl HR -HI -£ What is the principle behind the trained acrobat’s ference, certain types of monopolies (State and private) apparent ability to defy the laws of gravity? It is price rings devised to stifle competition, in fact anything known as “tensions in equilibrium”. Basically, it is which hinders the free flow of goods and the effective the same general principle which permits the efficient choice of the ultimate consumer will soon cause that working of our free, competitive private enterprise “economic wobbte” and, in the long run, create more system. In a modern, complex society “tensions in problems than it solves. equilibrium” help to create a perfect balance between conflicting claims and interests; the pressures of Briefly, the moral is simple and the pattern is plain, economic groups and political parties. The same If given its head, our present system of free, competitive principle strikes an effective balance between temporary private enterprise can maintain and continue to improve gluts and shortages and the understandable desire of our present high living standards. It can create everybody to “sell dear” and “buy cheap”. opportunities, jobs and markets. It can get the best from new processes and techniques if it is allowed to But it is easy to upset the delicate balance, and our get on with the job. Only in times of dire national economic structure can quickly develop a wobble, even emergency or in matters of wide public interest should if it doesn’t crash entirely. Over-zealous State inter- we permit it to be interfered with. Issued in the interests of all sections of the community by the Associated Chambers of Commerce of New Zealand.