ALGIE DEPENDS CAPITALISM
AUCKLAND, Fri. (Sp.)— Rather tharf apologise for the capitalistic system, its exponents should point to its achievements, said Mr R. M. Algie, M.P. for Remuera, in an address to members of the Auckland Chamber of Commerce yesterday.'", “I think it is better, to .have a fair share of the surpluses under capitalism than to have a fair share of the shortages under socialism," he said. It was, capitalistic America and Britain .vhich provided tha.materials with , which Russia was . enabled 'to carry on the war with-Germany. In Europe today, 18 countries were drawing from the surpluses of America, a country which, containing one-sixteehth of the world's population, was supplying one-third of the world’s goods, Mr Algie concluded.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19490520.2.97
Bibliographic details
Northern Advocate, 20 May 1949, Page 7
Word Count
119ALGIE DEPENDS CAPITALISM Northern Advocate, 20 May 1949, Page 7
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in