Page 1 Advertisements Column 5

Pukekohe & Waiuku Times, Volume 9, Issue 518, 30 March 1920, Page 1

TEMPOBA MUTANTJR KT NO3 MUTAMUB IN ILLIS. (The times are changing, and we with them.) The Evolution of Economics. IT doesn't require a professor of economics to (rive the reason why. Prior to the war the Doraiuion's man-power was about 300,000. Out of this 112,500. the flower of the land, enlisted; 17,000 have paid the supreme sacrifice, and abont 20,000 permanently incapacitated, and the recant epidemic adds another 5,000, making the total 42,000; and. with no immigration, we will be handicapped for 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's requirements wss reduced materially, and our armies and munition workers had adopted a t igher standard of living, and twice as much used in the Bhape of clothing, D H>ts, .Jeat, butter, cheese, etc., etc.. 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 soldier and the munition workers as m 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 85 per cent over pre-war rates, with his requirements about 50 to same status as during the-waj people) are at areduced-sg the land are about tw huge shortages as at a higher standard of until it is overtaken, prices recede. If tin ern countries. This Profits are now taj cernwith a workii £7,000, is taxed 7s € about 4% percent. Bonds are paying question to be cons Champion wishes purposes, but to gui economics as well ai iMKWiiM