Farmers’ plight
Sir, — In one version of "Robin Hood,” Robin is dispossessed of his land, shoots arrows into five of those who come to seize it and takes to the bush. Injustices to New Zealand farmers may not justify such violence, but they certainly do justify the non-violent protest at Bulls. “The Press” editorial doubting “the wisdom” of such action did little more than illustrate the complacency of wellpaid city dwellers. Dr Gareth Morgan, an economist, has said that high interest rates are needed to reduce inflationary hire-purchase spending. He has added that the demise of New Zealand farming might be “an unfortunate side-effect.” What he has failed to point out is that it is perfectly possible for the Gov-ernment-owned Bank of New Zealand to have high interest rates for non-essential borrowing but special lower rates to help keep the countiy’s productive farms and factories in business. — Yours, etc., MARK D. SADLER. February 16, 1987:
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Press, 21 February 1987, Page 20
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155Farmers’ plight Press, 21 February 1987, Page 20
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