The Times. Published on Tuesday and Friday Afternoons. TUESDAY, JANUARY 4, 1921. 1921.

Pukekohe & Waiuku Times, Volume 9, Issue 596, 4 January 1921, Page 2

The Times. Published on Tuesday and Friday Afternoons.

TUESDAY, JANUARY 4, 1921. 1921.

The.old year has departed and we have entered the .portals of the new. Upon the people of the Dominion—the thinkers and the artisans—depends whether 1921 will be a year of prosperity and progress, or a year of regrets and disappointments. Earnest effort and hearty co-operation can achieve a year of usefulness and growth, and it is to be hoped that the lessons learned during 1920 will not be forgotten and the same mistakes committed. The most pressing need is for mutual understanding between capital and labour. Upon this depends the very foundation of our industrial structure, which has already received a severe strain, but which can easily be remedied by the return of sanity and moderation on the part of our social system. When once the worker realises that high wages do not. result in cheaper living and when the capitalist learns that high prices do not mean more real "profit, then will moderation both in wages and in selling prices prevail. it during 1921 this much is accomplished, the year will not have been wasted and we earnestly urge that this much at least, be made the goal before the year has closed.

"We nothing extenuate, nor aught set down in malice."