THOUGHTS FOR THE TIMES
Ax Fxlkauxicp Lesson. “The industrial depression and social conflicts from which this country has suffered in the last seven years are not without precedent. A century ago the Napoleonic Wars were followed by distress and discord as profound and persistent. Then, as now. politicians carried into peace the international animosities that war had incited, and
sought bv exclusive nationalistic economic policies to benefit themselves by damaging their neighbours. 1 hey lailed ; and not the least discouraging aspect of the past seven years is the fact that the same policies have had to work out tlier inevitable consequences of unemployment, loss of profits, and a lowered standard of life before politicians have begun to recognise their lutiliiy.’ —The “Manchester Guardian.”
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Hokitika Guardian, 14 January 1927, Page 2
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123THOUGHTS FOR THE TIMES Hokitika Guardian, 14 January 1927, Page 2
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