"THE ONLY SOLUTION"

Evening Post, Issue 51, 2 March 1931, Page 8

"THE ONLY SOLUTION"

(To the Editor.) ; Sir;—Mi'. W. D. Revell, presidentof. the New Zealand Society '. of Accountants,; is quite right wlieii he states that the Government's scheme for absorbing the unemployed "can: only be; /of a" temporary, naturej and is not a solution of the unemployment, problem, which is puzzling the brains 'of leading , politicians and economists; the world over.";. But Mr., Revell,' apparently; is just as far fromi finding a solution of the unemployment problem .as .-are the said "leading politicians ( and economists."; : -..!".: ' '■■■" ;■ ■-: j, '?'.'■'■■. ■■]'.}. '"■ , Even the so-called "loading economists" do not'- seem /to realise, that,' whether- in town or country, there: is absolutely only one fieldfor the productive employment of labour—and that is the land. If^they once grasped that; fundamental fact, ■ the "economists", might then tackle the problem/ of; how'!-to1-' secure:'a' "rigorous, paring down of i land 'values/,' so' thatjthe ;-fpanacea-; bf.-/land .'settlement,'''- referred :to by a■''contributor';'-to your columns, could become operative and the "27,000 New Zealand youths: between: the ages of 18 and 19" might have a fair chance pi making go6d on- the land. Land Rvalues -should, never have been allowed, or made; to soar as they did after: the war, iand an essential first step towards "putting our,; farming .industries >rii'a sound, basis, is ,to'cut out "the farmer who.farmsthe 'farmer" —to cut out,-, that/is to say,;-: the land monopolist, ;the 'land aggregator,' and ; the land: speculator, who: force up land" values. >-I.'am, etc.;;,' .■•' .. ■':-;- '■■■.■'.'-'■: •.-'.■'.■■: >'■ ' ';x -. ::;vV:..;' ? '■-S . --:W:'- 'ECONOMIST.. ■