Assistance to Farmers
Sir, —I agree with “Puzzled” that the statement issued by the New Zealand Manufacturers’ Federation shows looseness both in arithmetic and in reasoning. All being well, on Friday, I intend to visit Trentham. Suppose I invest £1 on each race, it would be inaccurate to state that my day’s racing cost me £B. lam optimistic enough to think that I can pick one or two winners, so that after adjustment my winnings and my expenditure I can find out what the day’s racing has cost me.
This example illustrates the fallacy of the New Zealand Manufacturers’ statement. I would suggest that the Federation should take each item in its Statement and deduct from it the value of benefits received. The result would surprise even those responsible for its compilation. Modern business consists in spending £1 to collect 30/- or £2, and that is what the “pampering” of the farmer amounts to. —I am, etc.. F. W. BARLTHROP. Wellington, March 15.
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https://paperspast.natlib.govt.nz/newspapers/DOM19330317.2.124.2
Bibliographic details
Dominion, Volume 26, Issue 147, 17 March 1933, Page 13
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163Assistance to Farmers Dominion, Volume 26, Issue 147, 17 March 1933, Page 13
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