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Kaipara and Waitemata Echo, 6 January 1921, Page 3

Wages, with prices, are bound to fall and the time is rapidly coming when an adjustment must be made as between wages and output. Many industries cannot exist under the high wages now being paid ; enterprise will assuredly slacken off, for ther.e is no inducement for people to risk their savings in businesses, and unemployment will inevitably follow. Thus the high wages of today have a pendency tp kill the goose, of the. golden egg. Men and \yoinen wh,o are drawing high wages to-day will do well to be thrifty, for ;\ change is ranidljr looming up,