Page 6 Advertisements Column 2

Dominion, Volume 13, Issue 59, 3 December 1919, Page 6

PUBLIC NOTICES. TO-DAY'S ECONOMICS. (BY THE N.Z. WELFARE LEAGUE.) THE "GO-SLOW" POLICY. What is the "Go-Slow" policy? It is the practice by which some men do less ihnn a fair day's work, while demanding a fair day's pay, thus restricting the. output of industry. Ts it widely practised ? Yes, and openly. Why is il adopted? Becauso the men think that, if they work harder it will put more wealth into the- pockets of the employers. Will it? Yes, in the first instance Hie eslra wealth will p;o into the porket. of Hie employer, because the whole flow of wealth must pass through his hands-but it will not jtop there. Where will it fro? Its will be invested, because men mu.-t either let their wealth lie idle, or invest it either in their own or somebody else's businesf. What will be (lie result of this? There will be three main results: (i) There will be more capital looking for investment, therefore interest votes will fall, (ii) Ascnpi- ' tal can be used productively oulv in conjunction with labour, there will be a creator demand for labour; therefore wases will rise, (iii) As there will bo a greater volume of commodities produced their price will fall, lowering the cost of living. Why do these results follow? By virtue of the Law of Supply and Demand as applied to Capital, Labour, and Commodities. Wliat. then, is the economic effect of the "Go-Slow" policy? To raise interest rates, lower wages, and increase the cost of living.' ■ What limits the income of every citizen and the vase of every worker ? The aggregate wealth produced, which is lessened by Hie operation of the "Go-Slow" policy. What would be tho effect, on th© workers if the "Go-Slow" pelicy were abandoned? Wages would rise and cost of living would fall. What class of Hie community suffers most from (lie operation of the "Go-Slow" policy? The worker. The Capitalist, can protect himself by higher interest rates, and does not feel the increased cost of living (o the same extent as the wage l 'man.

EDUCATIONAL "DOOR-KEEPING AND ACCOUNT--151 ANCY EASILY MASTERED. Prepared by Exports, our Book-keeping and Accountancy Coursfcs cover everything concerning those two subjects. The instruction papers aro couched in simplo language, tho problems taught in easy, t thorough manner. ' BOOK-KEEPING. Study it. It will provide an excellent livelihood, for good Book-keepers are in demand'. Or it will enable: you to prevent muddling of your own affairs. ACCOUNTANCY. The supply in this Profession nevnr meets the demand. There is an opening for you—step iuto it. BANKS COMMERCIAL COLLEGE, Woodward Street, Wellington, has complete courses in Advanced Book-keeping, Auditing, Mercantile Law, Company Law, Bankruptcy Law, Rights and Duties of Trustees, and Economics. Personal and Correspondence Tuition by Practising Accountants. ( For further particulars, ''vriter or call . for a Prospectus. ! H. AMOS, Director. i 'Phone 2098. FREE EDUCATIONAL TRAINING FOR 1920 1 AT GILBY'S COLLEGE! THE Proprietors of Gilby's College have decided upon a plan by which successful competitors will receive freo instruction during 1920 in Commercial, r and or Secondary Subjects. -Any boy or girl holding Proficiency or Competency Certificate (or equivalent) may sit for tho Entrance Exam., to bo held on Saturday, December 13. The subjects to be preseuted will be Arithmetic, English and Writing. Successful candidates will r lie given Free Tuition or substantial reductions in fees, according to the results 6 of this test. Enter for the examination'. Get prospectus and Entrance Form from Messrs. Whitcombe and Tombs, Messrs. S. and W. Mackay, or from Gilby's- College. Entries close noon, Wednesday, December 10. Act now! GILBY'S COLLEGE LTD., Horace Gilby, F.C.T. (Eng.), Director, WINDER'S BUILDINGS, Lowor Cuba Street, Wellington. 'Phono 21-818. P.O. Box 203. 1' And aI: Cliristcliurch. '• GET OUT Olf THE "RUT OF THE ORDINARY." Tt.'s over-crowded already. You can becnino a Wireless Operator in six months by joining - milE DOMINION COLLEGE OF 1 KADIO-TELEGIIAPHY LTD. 11. provides for you a complete course, ! modern appliances to practise on. and qualified Wireless Operators to teach . you. The fees are moderate. ' Course can be tuki'ii by Day or liven- , ing Classes, or Corrspondence Tuition. We will be pleased to furnish you with full particulars. ]' Call, 'phone, or write to-day. BIUTT.VI.VS BUILDINGS. .Manners Street, Wellington. " P.O. Box 922. Telephone 3(58. )- Branches: Auckland. Ohristchurch, •ud Dunedin.