Thoughts For The Times
A WoßK'un’s View
In his address at the opening of the Typo, Federation’s conference in “Wellington, President A. T. Carter bad this to say on the topic of the day: “The cost of Jiving lias increased faster than the rise in wages. This is a commonplace to us all. But what is the remedy ? At the risk of utt.ering ft threadworn platitude I say the eternal chasing of upward prices by increases in wages does ppt solve the problem, because wages are always a length or two behind in the race. The true remedy I would suggest to you is the fact that capital will have to be content witii a less rate per cent, than it has hitherto demanded and got, and the bringing about of this can only be done by legislative action; alternatively and better in my opinion—the ideal to strive for will be production for iise and not for profit. ’!
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Hokitika Guardian, 2 July 1920, Page 2
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158Thoughts For The Times Hokitika Guardian, 2 July 1920, Page 2
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