THE CURE FOR BAD TIMES.
TO THE EDITOR. Sib,—lf all the countries in the world would start useful public works the cry of bad times would soon cease, and prices for all kinds of produce would rise sufficiently high to gladden the hearts of producers. But whilst the millions are kept locked up in the banka it is simply impossible that any improveniQiit can take place. In New Zealand we could spend a few millions in settling people on the land and starting new industries. If we started to make oufown colony prosperous tbe other colonies would soon follow our lead, and no doubt
older countries would follow suit. Thera is money enough, in the world to always keep up prosperity if it were kept in circulation. But, unfortunately, wo have no statesman who seem able to grapple with the difficulty. It is an open secret that many who have wealth boast that, they will keep their pockets tied up until they got rid of the present Government, forgetting • that, if the Government did their duty, they would bo compelled to put their cash into circulation, which would increase the value of their properties. The cry of insecurity is a bogey which is constantly being trotted out by a eenseless and cruel Opposition, who cry “ Wolf ! wolf!” when there is no wolf, except the one of their own creation. - —I am, &0., *JUST TAXATION.
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Lyttelton Times, Volume XCIII, Issue 10601, 9 March 1895, Page 3
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234THE CURE FOR BAD TIMES. Lyttelton Times, Volume XCIII, Issue 10601, 9 March 1895, Page 3
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