The economy
Sir, — Your recent editorial on New Zealand’s trade prospects in which you admit that we can sell all the agricultural produce is at last an admission of our dependence on the land. The late Dr Sutch said, when advocating industrial expansion, “We have too many eggs in the agricultural egg basket.” But history has proved this great socialist academic wrong. In justification of socialist self-suffi-ciency diversification was essential with even a cotton mill at Nelson in the national interest. To quote the then Mayor of Nelson, “What is good for Nelson is good for New Zealand.”
There is no doubting the dedication of the capitalistic socialist whose greatest contribution to the New Zealand economy is to reverse his thinking to become a socialistic capitalist. — Yours, etc., L. J. STEVENS. January 15, 1979.
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Press, 17 January 1979, Page 14
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134The economy Press, 17 January 1979, Page 14
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