THE BURDEN ON LAND
Land is worth only what it will return in its productive capacity, and so is labour; therefore both are inex-1 orably governed by the laws of sup- j ply and demand which regulate all; trade and deride all artificial meas- j ures to defy their authority. The Government will make serious en-, deavours to so stabilise conditions that hardship will be reduced to a| minimum, but Ministers will undoubt- ( edly discover that no such arrangement -can be made if wheat is still to remain at 8s and bread at Is lid after the purchasing power of the workers has been reduced in accordance with the assumed reduction in the cost of living. Should the concessions be mutual there will be no perceptible' sacrifice, but there cannot equitably be any such reservations as those to which we have drawn attention.—Southland Daily News.
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Bibliographic details
Waipa Post, Volume 42, Issue 3269, 7 March 1931, Page 8
Word Count
145THE BURDEN ON LAND Waipa Post, Volume 42, Issue 3269, 7 March 1931, Page 8
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