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ENRICHING A COUNTRY.

Sir, —In claiming that imports enrich a country I was not making an "examination of foreign commerce," neither was I advocating that a nation should borrow goods, but merely stating a plain fact which "Economy has utterly failed to shake. He draws on his imagination when he says that I maintain that (in the case of Brown), "the true way to wealth is for him to raise an overdraft and by consuming wealth enrich himself." He will search my letters in vain for anything of the sort. The true "basis" for "foreign commerce" is to be found in my nom de plume. There is only one incentive to raise goods for export and that is, so that they may be exchanged for what will enrich us, i.e., imports. We first send our products abroad (impoverish ourselves) so that we may be in a position to enrich ourselves by importing wealth more desirable and of greater value to us. EotirLißßnjM Is B-"sst.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19280516.2.150.3

Bibliographic details

New Zealand Herald, Volume LXV, Issue 19947, 16 May 1928, Page 14

Word Count
164

ENRICHING A COUNTRY. New Zealand Herald, Volume LXV, Issue 19947, 16 May 1928, Page 14

ENRICHING A COUNTRY. New Zealand Herald, Volume LXV, Issue 19947, 16 May 1928, Page 14

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