Page 8 Advertisements Column 1

Grey River Argus, 14 February 1940, Page 8

THEN & NOW Then Now In 1933 we were told the only thing we We know that increased purchasing could do was to starve ourselves into * power is the only road to more prodneprosperity. tion and better conditions. „ , , ~ We know that if we produce more of Unemployment and poverty was world- the necessaries o f life we can distribute wide, because some people were hard up the j ncre ased production among the peom other countries we must starve also. pie, an j there j s uo nee d to starve in the midst of plenty. That in order to bring about prosperity j w , xI x , . we should cut the wages of working peo- i e know that wages, salaries pensions \ pie, pensions and social services. j must ref ect m money what our produci : tion totals, so that consumers could pur- ; chase what is produced. I That the first indication of a slump j i should mean wholesale dismissals, cur- | If a slump were threatened we know it ; tailment of expenditure on schools, pub- i is through some deflationist policy, and i lie hospitals and other necessary services. at the point it is necessary to reflate to i i the point that purchasing power balances i production. i If we want to build credits overseas the i i only way to do it is to stop the people i Credits overseas are only a means to an ; purchasing what they need by cutting i end. We want credits overseas to give i wages pensions and curtailing pucchas- us those commodities we cannot produce i ing power. in New Zealand. In. order to give full publicity to what Labour is doing for New Zealand we must have Labour Dailies. You can help. Subscribe now to the Fund