Page 4 Advertisements Column 3

Hauraki Plains Gazette, Volume XXXX, Issue 5446, 10 July 1929, Page 4

SALE! SALE! Our Great Winter Sale is Now Ou GREAT REDUCTIONS. * Every Article Genuinely Reduced. Lynx and Sincerity Tweed Overcoats GOING AT HALF PRICE. DO NOT MISS SEEING OUR WINDOWS. D. McWATTERS Where Money Buys More II CLOTHING & MERCERY — Belmont Road, Paeroa. I———ll m.-- pp— ————————— CARS BRITAIN’S JYERY BEST. Models from £135. Four and Six Cylinder Nicols’ Service Station (R. and M. NICOL) Te Aroha. AUTHORISED AUSTIN AGENTS. COUPON. Please forward Latest Austin Literature. Name Address

Only Iqst week the chairman of the Bank of New Zealand drew attentio. to the timidity of capital in New Zealand in regard to ventures requiring the employment of labour, and there is little doubt but that the compulsory arbitration system is responsible for much of this apprehension. In no undertaking does it apply with greater force than in the farming and dairy manufacturing industries. Their output must be sold in the open markets of the world, and already the costs of production have made the margin between a competency and ar. actual loss a very narrow one for the farmer. The tendency is for the prices he can hope to receive for his products to become lower, and the only way he can counteract this is by increasing his output without materially raising the cost of production. To do this should mean the employment of a considerable amount of labour, but if the cost of labour is to be fixed by the Arbitration Court on some artificial basis, such as a “standard of living,” the risk is too great.—Taranaki News. Woods’ Great Peppermint Cure For Influenza Colds.