PRESS OPINIONS

Hokitika Guardian, 14 July 1925, Page 3

PRESS OPINIONS

TilK BEN DEN ON BRITISH INDFSTRY. “If anyone likes to analyse it. he will find t hat those industries which are doing worst, like the coal mines, employing the largest number of people and paying the largest amount of wages per ton oi products, have an enormous burden placed on theii

shoulders in relation to other industries which employ less lab ;iir and make higher profits. I sometime- wonder whether or not we have a Government that is living in Mars or one that is in this planet here, whether they are operating in vnriio entirely detached from mundane sillnirs. or wneiuei tlie\ are really considering the gloomy economic state of the country.' (red Mond. M.P.

qtrui it ai.YYAYS BE GOLD? “There is no need to believe that the cold standard will for ever remain the best possible standard. That would show insufficient appreciation of the general lesson of history. All that we require to believe is that gold is the best standard for the immediate luture, because it is for that period Die only common international standard ulueii the nations are in the least likely to accept, and because that common international standard is for that perm'ranch more likely to he stable than the natiroodiv managed currencies wine 1 are the only alternative.”—Bi'of^sir Edwin Caiman in the “Timosi l rude and Engineering Supplement.”