AUSTRALIAN INDUSTRIES.

Taranaki Daily News, 31 January 1922, Page 8

AUSTRALIAN INDUSTRIES.

PRICES TOO HIGH. MR. HUGHES ON THE SITUATION, 7 ' i By Telegraph.—Press Assn. —Copyright. Melbourne, Jan. 30. Speaking at Bendigo, Mr. Hughes declared that Australia had nothing to fear from German competition because the anti-dumping Act would prevent the under-cutting of prices. He strongly condemned the tendency in some quarters to belittle anything made in Australia. In further advocation of the proposed, round-table conference of employers and employees Mr. Hughes reiterated that the industrial position was one of gravity. He declared that Aus* tralia must conform to the world’s barometer of prices. “We must reduce our prices or go out of business. No resolution tfy any union, no combination of masters, no effort of mankind could alter the position until the cost of production was brought down. Until they understood that law it was useless to talk about “isms,” such as socialism or sovietism.”

Mr. Hughes strongly urged the claims of a proper scheme of immigration. There were thousands of British ex-service men available, and now was the psychological moment, for the whole world had been shaken to its foundations. “Let us invite them there to help us to increase the wealth of, and develop and defend our country.