NOT SOCIALISM: BUT CAPITALISM.

Maoriland Worker, Volume 3, Issue 32, 8 March 1912, Page 2

NOT SOCIALISM: BUT CAPITALISM.

Wiping Out the Small Retailer. In an article, reviewing tho urocory lrad<- for I!M1. in the "Glasgow Hcrjilcl, 1 ' the following passage occurs: — Those big (listfil)Ulors—the multiple, fii-uis— naturally liny the bulk of their supplies direct from the source, and :£iiii upon the ordinary wholesaler liicrely. for odds and ends, or wlion he is able, as a resijt of some lucky speculation, to sell below the current market price. The same- causes would appear to bo operating steadily and surely hi the direction of wiping out the small retailer, who linds it increasingly clifti-c-ult to make both ends moot. The ocou- . OiniiM ellected l)y the larger concerns as it result of direct buying and the con-c-iMHration of adiniuistratioii tell v<•■ry oti'ectively in the keen coinp<>tit.ion which now characterises the trswle, while in the case of the 00-operativ-p. store the lure of the regular cash <livi«|end. obviating the noivl [or saving by more dinnt means, is apparently irresistil)le to tlw> l)tilk of l\w population. Many aro thi! oxpwlirtnts for counteracting the of ■tlio co-operative shore, iu<clu<lin<; . tlio pa.yn'v-iit ol a cish dividend by ordinary rotnilei--. but none of these has pnmnl feasible, or at least acceptable, to thenia.jority of blie trade.