Passing it On.

Taranaki Daily News, Volume XLVII, Issue 7952, 16 October 1905, Page 2

Passing it On.

IXCMOASKS I\ WACHS AMI CJOORS. MHO UKAHM TflK COST? I'fStT.SSION IX SYIA'KY'S ARWTIiATION' C'Ol'ltT. -Some tilings are imnvdiaMy pa,sS*nl Oil 'to the public. Other ,'things UU, .V iws.si'd 011 to thu public jitter a cons-ki, ; t;al>k' |/erii>d of adjuv!.- !" 1 * 1 h - as Pas.vi'd. I li'der each burdvu imposed th« employer l*s<« mom*" uh. til it is parsed on.*' This was hwv Juugt* Hrydcm, (hti piyyidmifc of *hi* Arbitration Court ef X IW Wal.'S, impressed hiinwlf i„ regard to the results of liicr«ases in nnil imlust rial materials.

"A man ill business" (proceeded his Honor) lnakus his umlits out of his tirains, and the money lie is pnrci for his own personal an;l acfivll-

res as iHanagvr «f hi* ~»■» -busiwax. If lie cannot inunnge it himself ho will h,i\ii to |mt in sonieonu else Then? hn gets tiie interest on (he protil ol his money, hi thA long run that averages (Jsuit." Mr (J. Hivliy : Competition ahvavs prevents this being passed on to the public. Society is so pUst.ic that until (lie re-ailjiist iiinvt takes place, it is impossible to calculate the ninounf of profits wli'icli goes to the public-. 't he Pres-ideiit ; The mere fact. that it is impossible to caliiulalj only hides it. Von cannot put a shilling into flrown's pocket unless you create thu .shilling, or unless you take it out ni f»)ni(>l;ovl* else's pockvt. 'J'hw mere fact of saying' H«it, jt ls only a s-hi 11 i'Dpg* devs not nltect the fact that somebody el.se has got to pay for it.

tormino<l by tho loarkot price fyf labour.

The Trrordont : All nrtditiomil expenses. lira pass«d on to the public. may hfnn the teiuprn-ar.v process 01 treiiehing on a man's rajiital, and coiifisotting |»art of it, birt that canniit go on for over. I am sneaking of tlw l O ,Hr rl i„. Ctniipetifion won t send a man iito hnsiness to moko a hiss, but to pay Ivim for iiis exeitions. In the loiif>l run he oxpecls to g<it, a fair amount for them. Sfljt that hnfeks. timber, and building material and labour are raised in price, do you net think that! a house will aNo cosjt more V Of course rt, will. The bniidor for the wont has got la buy this• material and make a profit on his capital-. Mr ,1.1,. Campbell: All these inowmsiw travel up'throns+i the interlihiliary ag!*icies until tlie.v get to the mail who pays.

Hie President : The publjr pa\srvei.\ time in tile long run. if licit, immediately. It has tohepiuil in tin meantime by Hie.employer—tken Ilni 1 is a genuine dispute. When it is iinm.idiatiiyi psiKMed, 1 on to 1 the public, 011 may get an industrial agieeiaoii'l (.'omiietition would not make confractors work at a iostl.

Mr K. Riley; W t . hovo nothing fin with i-cßiilatiup cciimiodities. W<have 1 o rl, -;i 1 TVHh ing waovs. The IVesidcnt : Quito so. .\li* I: 'Ph,, discussion on those tlii'iigs Weconies endless. Th„ Prc-sidviit : T iiiort unaU-lv, in consequence of til,. Act giving no direction except in oni' section, as to the principle under which this jurisdiction is lo Ir> exorcised, our timla ones,.lt conl imialfy driven into these' cuiisidcratiotiK of tlie principles on which tlie hwlustrlnl (if,. of tile coniliimrit.y is has, d.

Air .1, 1\ Wright eiifie.l t'he, discusHHiii ky r«markii, K Hi«t tlivi latest nport from N'ew Tl.'alaiwl showed t hat wagw hu-d increased liy 8J per cent.., in that colony. It lind lie.m passc-d on, he said, in soihv. way.