A QUESTION OF VALUES.

Dominion, Volume 3, Issue 641, 19 October 1909, Page 5

A QUESTION OF VALUES.

.wrong when ho . maintains' that/,-'.'a11..-values; are - 'governed by the; saiaD. lawp/V .vidG '-your 'leading-' articlo in ; ■ yeste^yfg. -v'Hisv Btatoment. " and -they (values). ai;e- all dotormmed by -t social causes-*" .. : ;.te; ; mp ' is : about' thing .''might. mean: anything/ 1 . At ■ a £5V rate,.,thero .-certainly; ]s,a'Vory clear dis- ; tinct36n:- beWeen. 'Mand'>altie3 : " ; .and; all;.other' .. "values " U9l shall endeavour to explain- • definition \Qf valuo-is .that" valuo-'is an' abstract..idea of - quantities of> labour origin- - atuig fronxstbo'/.necessibr "ofmeasuringlabour . and-the' product? Vof vlabour ;in brdcr-that'la-- . b'our. andthe ' products -rof' labour ,'can ; be universally exchanged, -value for valuo, and thus each individual: obtain .tho rights to tako from the of ■ the • of -labour whatever; he requiires m exonango for an equal . . valuo of .-.time, and energy devoted to some oc- . cnpatioii -df /*us6i'to ' the ' communitygener- > allv. . evident,'therefore, that-B)nce: all values are created by -labQur, .that-ltos only by la-bour-pro<dacing-. wealth .that*any>and all values ar^created., ; No>, -it s will : be seon,. there-" fore,-.that. land : valuesMare-governed by a totally 1 ,-.difforent■-law .as represented' . by .tho.products of-labour. For the individual who. possesses the right l to 'demand a; rent - for- the use of. land does not thereby, produce any abd .therofoTO does . . pPt at all, he amply; througn the;-, private: of 'land,.'has , the;-;right to..- deiftand; a - portion of \the • wealth pr rvalue, tiy: labour, and ;the ; . nrodnc- ; Mtisfy'that,,demand befnre.'.they/,caii,exist yor'create-wealth f at^all; • bßcause-all 'food ahd. all raw material,out of., vrhich> all-..kinds;-of'.-wealth' aro manufactured •ge':,PTOC^VfTom\the.'^land; TheMandlord, »^S■ factor, in; the. acquisi tion 'of wealth,jßtanda_in ,the';saine v relatipn'rto'the rcial :' ptoducers'^ofWfJth^vas\ahighway ' -.robber , fiuindfivin'<relatibn '-.toi' people- whom' hs sticks . upland ; demah^v-Mb^toi : before^they.^pwis'.the ■ /Or In the :saine felation. to ■. tne^real : ownera' r producers .< of as ■fK Sir; Hv M. would <al-' ' l^him;to;ws, through ; their-country'/ '•. '. The-. "land, as- ex-pTCs^:in-1-'rdntr,'igi; J^, e r v.^luw, ; .can; also -be : clearly .'illufitrated in toe., following manner •. '/ Supposing 'every 1 in- : dindual •; whodraws.! a: /rent- 'from;land and' . Jjjjs <, in t idlene6B \thereon'and -perhaps'.' in i ad-' dmon' mai utainfialarfQ staifv of -servants, .etc,; were fctin.ue,. out/of exists : efice,-.:-and • con* B^uenc6/ t ;But;on',the lother Th'and;:if'the;]and- / jP^sr.remaifiea..andvthewhole "of >thQ-prodnc-Oiaye vto aurn',round . arid 1 woEK theib ; - Kcives or starTc,, and land-'valiipa would .'.col-' indns^aU'uridertikings, 'and fall,, it', is evii wealth' that ' profits ko mado at'.all,; iind. lf profits fall, as a: rttertjio f public ,gct: the'.benefit! by being;. Or •*■«- profits.Jall; I)realise .tlio. prico of' raw: material ™ e .''Producers,of'the raw/:mai'' ;kndlord! does'not : raise-, .the.- rent of-- these" people' as I profits 7n- : g-wif Cfcil' nia/.be' abfe- to- bam'- ; '>bam ;i ~ ■' 'Toirs trnly, ' C. P. W. LONGDILL, nor, I trust,; any other New Zealandor. ' Ohaknne, October 6.