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DETRIMENTAL LEGISLATION.

Sir,—The ever-increasing interference of Government departments, and th© lature itself, with private enterprise have very detrimental effects upon in dus try and trade. The latest examp relative to the building of new ■P lc ™ r theatres, is in line with other thro ttl-ng measures not so readily recognise being injurious to the common J %vellar !. For example, numerous bodies and pn individuals are sponsoring a variety 0land settlement schemes, but it does n s?em to be generally recognised that costs of production were reduced t would even now be plenty of money or land settlement., purely by mdiviuu _ enterprise. Until costs are reduce 1 ® these schemes must remain futile, me. give a single example of the effects restrictive legislation in this respect., i have before me a very interesting p»P* on costs and prices, by Professor A. • Tocker, M.A., Canterbury College, ana in n, list, of ten sections of common co modifies timber ranks highest in the P rl index (186) on the comparative ngur for 1900-13 and 1925-31. The reason Professor Tocker gives for ,V dated index for timber (100 being base unit) is "the high degree of pro tion given the timber industry bv im P° duties." Those interested in land settlement would do well to note that the r commodity wanted is timber, for housi gi furniture, farm buildings and yet we have the we ghty handicap ' what one might aptly call an em a g duty" mi one of the prime necessities land settlement. Drastic reduc 10n . these duties would automatically se , Iho rent problem, where the supp 5 houses does not equal the. deman , where, in consequence, reductions in re have not, taken place. There would s be a mild boom in building, and J"' 5 play of the natural forces would w much better solution of the rent P r ° than any compulsory flat-rate reducti One could easily quote many mora . stances of the damaging legislation country is suffering from. An and continuous campaign of enUg ment is needed to open the eyes ol . people to the above-mentioned ana glaring causes of our present te ß^jjj c h stagnation, by no means all of can be correctly ascribed to W® prices for exports. T. E. McMuM**

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19320422.2.134.12

Bibliographic details

New Zealand Herald, Volume LXIX, Issue 21164, 22 April 1932, Page 12

Word Count
374

DETRIMENTAL LEGISLATION. New Zealand Herald, Volume LXIX, Issue 21164, 22 April 1932, Page 12

DETRIMENTAL LEGISLATION. New Zealand Herald, Volume LXIX, Issue 21164, 22 April 1932, Page 12

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