Page 1 Advertisements Column 3

Pukekohe & Waiuku Times, Volume 9, Issue 505, 13 February 1920, Page 1

FRANK PERKINS & CO., SJBSK3& PUKEKOHE, Invite the Public to call and inspect the New Range of Congoleum Rugs and Floor Coverings Also importations of High Class Drapery from Messrs. Watts & Co, Manchester Just opened up— Dreadnought Boots and Shoes for EVERLASTING WEAR, MtlH r 'A^-irr im ■ auu£ s <:c! 3H iilllLi M jS Wki Mi UliUU^, AXLa aVSM W4 WMffii ij'VH a.?*: i P-i'JCi l.rfi IVW'hihiim itnitiL iiiiiinK H'IHIIIIII 11-w iw *Vw © FRANK PERKINB&CO., universal, providers, pukekohe

TEMPORA MUTANTUR ET NOS MUTAMUR IN ILLIS. (The times are changing, and we with them.) The Evolution of Economics. IT doesD't require a professor of economics to give the reason why. Prior to the war the Dominion's man-power was about 300,000. Out of this 112,500. the flower of the land, enl sted ; 17,000 have paid the supreme, sacrifice, and about 20,000 permanently incapacitated, and the recent epidemic adds another 5,000, making the total 42,000; and, with no immigration, we will be handicapped tor a year or so. And does not.this also apply to the whole of the Empire? During the second year of the war. production of man'« requirements was reduced materially, and our armies and munition workers had adopted a higher standard of living, and twice as much used in the shape of clothing, biots, meat, butter, cheese, etc., e.lc„_which thousands upon thousands unfortunately were never accustomed to prior to the war, and at the time the prices of those commodities were not a burden to the Eoldier and the munition workers as in the first instance the soldier didn't pay for them, and the munition workers didn't feel them owing to the enormous wages paid. Now the war has ceased the soldier is seeHng employment and the munition worker's wages, for argument sake are down to about 35 per cent over pre-war rates, with his requirements about 50 to 60 per cent higher, owing to the world's shortage and with a desire to live at th# same status as during the war. The Empire's wheels of industry (with a tire*! people) are at a reduced speed for the want of raw material, and the products of the land are about two years behind, and until they get back to normal, and with huge shortages as at present, the pinch will be felt. The workers rightly demand a higher standard of living, which creates a heaver demand on production, and until it is overtaken, with the Continent on the verge of starvation, how can prices recede. If they do, wageß must also, in a line with Japan and other Eastern countries. This is a complex question. Profits are now taxed 7s 6d in the £. For instance, an industrial concern with a working capital of £IOO,OOO, paying 7 per cent., yielding £7,000, is taxed 7s 6d in the £, which brings its earning power down to about 4V 2 percent. Who would be worried about industry when War Bonds are paying per cent., free from taxation? This is the question to be considered for the salvation of the Dominion. Champion wishes his people to understand that thiseßsay is not for advertising 4* purposes, but to guide his candidates, as he is an acknowledged authority on economics as well as muscle-raising. v., AUCKLAND.

JOHN ROUTLY, A.N.Z.I.A. REGISTERED ARCHITECT. 20 Empire Buildings, BWANSON ST., AUCKLAND.

5? 3i2 PS I^l The Auctioneer On the Corner Established 37 year* • ■ »J 9 Secures more Cash for your Pigg, Poultry and Farm Produce These reliable Auctioneers and Produce Merchants have the largest accommodation for Poultry and Pigs in the Province—big, clean, roomy, open-built pens which, to the advantage of sellers, allows stock to be viewed from all sides. Largest quantity of stock attracts all buyers. Big buyers pay best p.ad buy most. Jones' pen: arc always full of prime stock, which attracts dc-aitss from all parts. And, what's more, there's no waiting for the money realised on your Produce. All account sales and cheques are forwarded promt'x'. Send your Dairy Pro "ace ard Fruit to — Tf,T\ r " e *z £-i On th? Ccr iujd i. '■* NL v / Ci i Y fvS AiCiiL. 1, On th? Ccr