Preserving Private Enterprise

Manawatu Times, Volume 69, Issue 65, 20 March 1944, Page 5

Preserving Private Enterprise

In his address to the Palmerston North Citizens* Lunch Club ou “Private Enterprise or Bureaucracy,** on Friday, Mr. R. H. Spencer said that first consideration must be given to the winning of the war, even with its attendant hardships in business and private life. He firmly believed, however, that private enterprise must be preserved, realising at the same time that Government competition was a good thing, provided that the Government gave private enterprise equal opportunities with itself when it. entered into business spheres. Owing to its superior efficiency and knowledge, he said, private enterprise would always more than hold its own in competition with Government departments. He thought that on equal terms, where the Govcrnfent did not usurp special privileges, private enterprise welcomed Government competition. The speaker quoted extensively from the opinions of eminent authorities in England, the United States of America and New’ Zealand in support of his belief that the system of private enterprise in business must bo preserved. Mr. Spencer was thanked for his talk on the motion of the chairman, Mr. G. C. 1 Petersen.