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A GRADUAL PROCESS.

(To the Editor.) Sir, —The Topic of the Day published in your columns giving the views of leading Socialists at Home, that any change from the capitalist system will be gradual, Interested me. My people send me the Manchester Guardian, and there is a review of the books referred to in the latest number. Here in New Zealand we arc said to be on the eve of great changes in tho financial system, with the issue of costless credit for public works, higher pensions, and guaranteed prices to primary producers and all workers. Some credit authority is to take charge and replace the existing system. I thought of this when I read G. D. 11. Cole's declaration that, even if the capitalist machine has some time to be dislocated, it is “ plainly to our advantage and to mankind’s that it should como as lale as possible,” and the paper adds, “for the less will be Ihe suffering of the transition." Here, if what we have been led lo expect is correct, tlie change is to be made as isoon as possible, and there is to be no suffering. The Iwo views arc poles apart, and it will be interesting lo see which one is correct. But, meantime, perhaps your readers will agree with me that, in these matters Gole carried more weight than even your enthusiastic correspondents.—l am, etc., C. RUSSBRIDGE. Hamilton, December 12.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19351213.2.87.4

Bibliographic details

Waikato Times, Volume 118, Issue 19758, 13 December 1935, Page 9

Word Count
237

A GRADUAL PROCESS. Waikato Times, Volume 118, Issue 19758, 13 December 1935, Page 9

A GRADUAL PROCESS. Waikato Times, Volume 118, Issue 19758, 13 December 1935, Page 9