THE Waihi Daily Telegraph. WITH WHICH IS INCORPORATED THE WAIHI MINER TUESDAY, OCTOBER 3, 1905

Waihi Daily Telegraph, Volume V, Issue 1446, 3 October 1905, Page 2

THE Waihi Daily Telegraph. WITH WHICH IS INCORPORATED THE WAIHI MINER

TUESDAY, OCTOBER 3, 1905

iuro'ahkll the trow tlio Puui>lo'a Illicit, mr.mt.im OnaivcJ by iu3uouoa tnd uabrlWl by gain; Hetepstrlot Truth iw i;lonmu prccniits ilw> PlfilMd to Rplinlon Libert; 1 , awl Uw

IT is to be hoped that something will bo done thiß year with the Trades Monopolies Bill. While we worry stbori't American trualp, and plan for their fiiippliiiß,- we should think about the eyer-incrpiiMiig combines that threaten New Zealand. New Zealand coal, bread, meat, (lour, butler, etc., are more important to the people of New Zealand than American farm implements. A : ijumber of people who join hands to raise the price of bread a half-penny a loaf are a combine; a few mer-

chants who control the supply of butter in a city, and who meet together and decide to make' a larger profit out of a necessary of life, are also a combine, tfhe people have no piessnt redress, although the price may be excessiye. It is only by legislation that relief can be effected. We should be less concerned at the possible exploitation of the colony by Americano than about the exploitation of colonists by colonial combinations. We have had a sample of the methods of the flour trust, and we have examples under our own eyes where combinations of capitalist* are ablo to grind the faces of the people. New .Zealand pays far too large a price for its daily necessities, and exports its best produce to.be sold at a less price than obtains locally. To get the best New Zealand meat or butter, and get it cheap, one has to go toLon. don. We can boycott the American machine-maker, but we cannot boycott the New Zealand butter or mea( grower, or the colonial coal-dealer.

He has got his thumb on ns. There is only one means of getting the thumb removed, and that is by making it illegal for traders to make more than a fair profit. We do not want any multi-millionaires i» New Zealand, and wo do not want any American trusts to operate here. But most of all, we do not want colonial trusts to batten on colonial pockets.