“KILLING THE GOOSE”

New Zealand Times, Volume XLVI, Issue 10522, 25 February 1920, Page 11

“KILLING THE GOOSE”

INCREASED WAGES AND REDUCED PRODUCTION. WARNING TO WORKERS. The need for increased production is being used in England, and the follou*Ing. appeal to workers has been widely circulated in tbe principal industrial cities and towns:— ' DO YOU KNOW THATThe less you produce, tho higher prices will bo? High • wages do not necessarily mean you can buy more or live better? , High wages mean that raw materials , cost more? . . , High-priced raw materials mean a high price for manufactured articles? A high price for these mean that your wages are much less than you think they are? High prices at Homo mean giving a chance to your foreign rival at Home and abroad ? The value of wages is what they can purchase? Wo are not the only manufacturing country on earth?

DO YOU KNOW THATThere are others, including ,: . America, France, . Italy, ' And istlll Germany T That America produces, per man, double the quantity you do? Producing large quantities does not mean lower wages? ... Ifi does mean we can sell abroad, at a lower price? , This means we can do a larger trade at Home and abroad? . France has now three-fourths of Germany’s ores.in Lorraine? ■ , She also has now largo coal deposits to •smelt them? She will build upon these an extensive foreign trade? . Here is another competitor for you? You will then have two great competitors? DO YOU KNOW THAT— Industrial Germany is not dead? She can and will quickly restore her industries? , She has her eyes on our markets and on our foreign markets? She intends to capture aa much of these a<3 she can? You now have three great competitors? And you ere doing your best them beat you to a "frazzle? DO. YOU KNOW THAT- ’ While you are wrangling they are getting busy? ~ You are doing just what they want you to do? ‘ , , And that you are killing the goose that lays the golden eggs—Trade and Wages?