LATE LOCALS.

Hokitika Guardian, 9 March 1928, Page 3

LATE LOCALS.

■ t The wise man wants to look well. Our six guinea navy serge suits will , solve the problem.—\Y. 11. Stoptorth.— Advt. ' The test of goods is their worth not their selling price. Our six guinea navy serge suits to measure are not cheap. I hey are good suits at a very low price.—AY. H. Stopfnrth.—Advt. Departures: From London lor New Zealand, Nortnlk ; Irom Plymouth, Pukeko ; irom Galveston. Cowdenlaw : from Liverpool, Alaai Roman*.

WHAT STATESMEN DO NOT KNOW. “Is it possible to expand the world’s demand so that we ’can sell all the coal we produce without closing any mines, so that those in tile cotton trade can keep all their plant in operation, and so that the same thing can apply to steel and other industries? After the most careful investigation,” said Sir George Raisli in a speech recorded in the “.Manchester Guardian,” "I have come to a definite conclusion that it is possible. There is no reason that I can see wliv our trade should he as slack as it is. Or only one—that is, the inability of tile statesmen of the world, and of our own country, to understand this great world lnacliin*. of production and distribution. That is the cause. It is psychological; it is mental; it is due to inefficiency in high quarters. It is not title to inefficiency in the cotton trade or the coal trade. It is due to the inefficiency of statesmanship, and we have got to lace the fact. The statesmen of the world have not been supposed to know anything about world economies in the past, and we have not chosen statesmen who had that knowledge.” wfimnimimiMiiui