SOCIALISTIC TREND

Gisborne Herald, Volume LXXII, Issue 21633, 9 February 1945, Page 4

SOCIALISTIC TREND

Sir, —State Socialism still makes headway Other mines purchased increases the loiL list. It looks as though the airways will not be lon - off the list and when the Bank of New Zealand is attached the list may lie complete. Everything looks to be running smoothly to plan of the planners. It is all in keeping with the London School of Economics, which institution as notorious ns a Socialistic incubating machine. So. according to the above. Labour is only running on the correct lines of the would-be planners of world affairs. Then we see Mr. Holland saying socialisation is and his test is this: Does it make die .woods or services required by the people more plentiful or of a better duality or of lower cost ? It does not, he declared, which is quite correct, but the same test must he applied to Mr. Holland and his party who held (Mice for many years prior to. Labour and apparently Mr. Holland and his party have forgotten that in their term there was poverty amidst, plenty. The quality ot woods has been on tin 1 decline for many a lone; year, with a steady increase in prices brought about by the increases in rates and taxation through tryitiw to attempt the impossible of borrowing ourselves out of deb'l, Mr. Holland says that lie stands for competitive private enterprise within the rules of decency and fair play to the public. That statement is very indefinite, like all the sayings of politick)nx. Competitive private enterprise lias been on trial for a very lone: time and has not stood the test. > Now .Mr. Holland frankly favours the capitalistic system, not of 1060 hut a modern application within a framework of reasonable rnles. That again Is indefinite. Are we not now under a modern capitalistic system and it. too, is only being held tip with the aids of props. It is Brntifyinjf to note that the London Chamber of Commerce can see the light of day when it said that "no community can loner survive which is prepared to sacrifice all other considerations to theoretical economic efficiency.”—DEMOCßAT.