Farm Costs
Sir, —In answer to H. H. Vavasour, as I have pointed out on numerous occasions, you cannot borrow your way out of debt as the National Government is trying to do. The only way to get any stability is to peg wages and prices at the same time and get more people producing, especially on farms at a fair wage and under good conditions of living before we price ourselves out of the world’s markets. Mr Kirk has stated that Labour, when it becomes the Government, will use Reserve Bank credit as promised in his policy, but can he assure the voters that this promise will be kept and not broken as in 1935 when Mr Walter Nash was Minister of Finance under Mr Savage? —Yours, etc., S. W. HICKMOTT. June 7, 1966.
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Press, Volume CVI, Issue 31081, 9 June 1966, Page 16
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135Farm Costs Press, Volume CVI, Issue 31081, 9 June 1966, Page 16
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