DRESS COMMENTS.

Hokitika Guardian, 8 June 1927, Page 3

DRESS COMMENTS.

j In most of the cases of defalcation that come before the Courts it is found that frauds commence on a small scale, perhaps, with a. small illicit loan which it was intended to replace at the end of the month when salaries were paid. This is so simple a method, of meeting a temporary difficulty, that it occurs with unpleasant frequency, and often leads to further and larger illicit use of money which should he inviolate. Afore frequent and, if thought desirable. unexpected, visits of the auditor would check these practices, hut with the very limited staff of the Audit Department this is apparently impossible. It. certainly calls for Afinisteria! attention, and the strengthening of the stall'.—’•Taranaki Herald.”

As the result of the abandonment of theoretical methods for sound business principles, the Dairy Board lias Ken able to report a gratifying measure oT success in the marketing of the produce in its care, and that has been promptly followed by an increase in advances, confirming the significance of current market quotations. Alistakes have been made, and neither farmers nor others can make mistakes with impunity, hut it is mischievous lolly to suggest that the farmers of New Zealand cannot overcome their difficulties, for they are, with few exceptions. meeting them resolutely, without complaint, and confident of success. -‘‘New Zealand Herald.”

The system of looking to the Government as the only source o| money for house building has been overdone. The proceeding would not he so had if there were not such an infinite number of other calls on all flic lonn money that can safely lie raised, lit addition, application for a Government loan has become a regular lottery, the demand having grown so enormously beyond the possible supply. Reduction of the limit from the absurd sum of L'3500 to L 1209 lots been a move in the right direction, hut the State might go further in declining to provide easy money for those who should make their financial arrangements in oilier ways. The State lias too much on its shoulders already without this task. It is not justified in utilising valuable credit for a purpose for which the cities might themselves supply the funds by some form of investment. Here is a direction in which the demand for loan money might he lessened, with a diminution of the enormous calls on the Government for finance, as described in detail during the Alinister's statement.— “New Zealand Herald.”