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VOICE OF THE PEOPLE

VIEWS ON CURRENT TOPICS I N.D.A. CONFERENCE ATTITUDE. ■ INCONSISTENCY ALLEGED. ” ' (To the Editor),' Sir,—The attitude of the National Dairy Association- towards' currency reform is both illogical ahd iiicdiisisteht. The Volume of its protest against anyproposed change disturbed- the seven sleepers,,and. woke the, nightwatchman in Hades. ... 5 ' d.i Yet the conference supports the high exchange rate, which in itself is jan mission that the present system'is 25 per cent, defective. ; ; . i'• The conference talked in. a loud yoitfe about costs reductidn, while at the same time it upheld a course of procedure that had already added £18,000,090 io the floats ing debt. . • •— . ’ ’ It gave its sanction to the setting tjp of a multiplicity .of. boards .whose chief mission (apart from their Salaries) will be to chase. imaginary _ panacea. 'across' ; the deserts of Bunkum, and explain-to ;the poor,' benighted toekie, in; learned 1 terms, why water Won’t ruh Up hill. . ' On a~ question of fact—that -.the--ing banks made.;a .profit’ of £s,o.Qo l oflff': dp their - currency redemption, a silence came over the N.D.A., compared With which ths grave is a pandemonium. The delegates based their deductions upon a System « economics that has long since- grown whiskers. They resemble Mr. Micawber, who after signing a P.N. used to put down the pen with the exclamation, “Thank God that’s settled’’*—l am, etc., ; . FRANK BELL. ; - Midhirst, July 12. ‘

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19350713.2.95

Bibliographic details

Taranaki Daily News, 13 July 1935, Page 9

Word Count
227

VOICE OF THE PEOPLE Taranaki Daily News, 13 July 1935, Page 9

VOICE OF THE PEOPLE Taranaki Daily News, 13 July 1935, Page 9