MISREPRESENTATION.

Hawera & Normanby Star, Volume XLII, Issue 7387, 13 February 1902, Page 2

MISREPRESENTATION.

According to a southern contemporary, Mr Cadman complains bitterly of the misrepresentation New Zealand is undergoing in England. He says, « The labor legislation and finance of New Zealand are represented in a way which I can only characterise as disgraceful." What is the Agent-General doing then that he does not silence critics 1 But we' fancy, reading between the lines, Mr Cadman has found that while our labour legislation pleases the majority in New Zealand, it is difficult to get English capitalists to view it with approval. Of the iron sand company he says : " There is no difficulty about the cost of production.^ The only difficulty is that capital is wanted to develop the industry, and that is the reason why we have gone Home. We want a quarter of a million, and of course a company like that cannot be floated in a day." Probably if Mr Oadman spoke all that was in his mind he would have to say that the labour legislation without any misrepresentation has been a difficulty with him. If there is no difficulty about oosfc of production, and the scheme rests on a sound economic basis, thfre ought to be no trouble about raising a quarter of a million, but the capitalist is of course anxious to see his way clearly before be putu his investment at the meroy of a Conciliation Board and Arbitration Court. And can anyone blame him ?