“Orey of Socialism.”

Hokitika Guardian, 6 March 1923, Page 1

“Orey of Socialism.”

—<»»*. j FAII.I'KK OK STATI-: F.NTT’.K- ■ I’KTSK. i I SYPXK.Y. February 22. f For years groat sums of the Xew i South Wales taxpayers’ money has lit- ; orally been thrown into tin? son. Tho : best tlmt rnn ho said of tho State j trawling industry is that it lots vety j rompletoly (li nioiistrat«tl tho inferior- ; itv of n Govei'nineti I underl aisi 11 •_£ to private onterpriso lor trading purpose. Tims ir is thnt th.o great majority of tho tax paying ptthlie i- ivjoieing that l !, o State Government has decided to do tho right thing and to rlose down th.o trawling imlnstry at tho ottd o! this month. The lassos disclosed f'" the past month average iienrlv CIOO'i nt‘v*k. «iik! tile* k<*iu*fit. ii jmy. to ;•(*- r r m- troni font inning llif I>umih’ss until tile sale of the plant, is purely pmblemntienl nttd involves risks which no business titan would talas. The nceitninlated loss to the end of tins month is expected to total C2T2.O”(>. Tint the Government does not intend to stop at the trawling industry. Other industrial undertakings whielt emerged front the orgy of socialism and extrava-

gance which has marked the government. of the State during recent yeats have been tinder critical teviev. . Ihe State Timber Yards, for instance, most go. The aeeiminlntod losses on tins partieiilar nndertaking amount to mere than a quarter of a million sterling. The Acting-Premier' was. if anvthing. under-stating the ease when he observed last week that i! the yards had keen given away tree a few years ago the State to-day would he hotter off I>v thousands of pounds.