FREE TRADE AND NO MONOPOLY.

Waikato Times, Volume X, Issue 609, 15 April 1876, Page 2

FREE TRADE AND NO MONOPOLY.

Sjds* — I eta •** neither tbe justice nor tbe Jogfo of the remarks contained in the letfsrof you.rcor» reipondent ''One who believes in keeping the money in the di«trict" #hick appealed ia you* is«»e <if jr<Mterd«j. 1 uke it for grant*} the writer is mo interested party, *ud I would a*k him bow it h that wnh tuch prioiiplrt, bit o1m«* Hnd I iuppo«e he with them go, outiidt the diatrict for lKi'ui produce to be retailed •Rftinia'WaU k&ta Why will ihej girt » aettltr 8d per lb ,«r ike cbeeM they retail »t li 4d ; 9d per ib for I utter tbejr retail at the vue adranoed tigure % r if he refuiM %o take tutk price for his goods, fall hack upon ti« imporUd artiol* told ia th» Auckland auctiou mart*. It thej oaa boj Caa< •rbury produce of *)qa*J quality oh«ap«r than W»ikato produce, let tkam do to, but don't let tarn at the him time cavil with myself and other*, who, on the #arne p-indpe, isnd to t uekland for our gnjofiriss. iTuthw, 40, bjcaot* w« can obtain th«tn cheaper than in the local *Uxr**. Neither let him of tb« long aifnature, confound the dilfereno* between keeping th* money in (he dittrict in the oh* of supporting mouopolj fox the advantage of an individual aaq bat of atfiiitHig the M&abluhmaat of tome local taduttry. in the latter ease the eoasuming puhi c may w-uwnably be asked to, eouteut Ux*m' telvei with a slightly inferior and dearer artiolt, LecauN ia doipg w, tlM»,y «n totUsiag iMe f ulh

Me intorwts, ni ihe other cub thsy are simply "■Mrifieing their <owa pockst*, to halp to fill that ■of im individual But, sir, jour ■correspondent shirks the rat .queition at issus, that the public, such of them •I lent, m -are able and frss to do «0, ar* drirto ■by the high pries* oharged by storekeepers to ■end their custom out of the district. I dars <say be would reply that their profits art not so Scrg* *t they appear— that thsy hart to fir* ■long-credit— >thut Idling th« urn of their money <and in ißflt a few •oami the money itaelf. V«rj itru*'! But-thould I;and others who pay 20* iv 4he pound, anflspay H^romptly, bt ealUd on to aoaktup thtloM'Otouwned by Smith's dilatory (payments or Jones' btd<xfebU. I don't see th« •Jos MilUr of this. What<busin«ss has my grocer •or tailor to uirtcredit torUky Smith and Jonts and -mak* mo oorsr >the risk. Lst B«ith «ni •Jones cover their own risk and pay credit price* •and')et<thote who pay<oash or ?uu short «coouats ,(«t the bsnefit of doing so. Two and * half and )fire per cent discount for cash won't do this, for full 20 percent is clapped on >*tl round, ever JLuckland prices, snd whirs this trifling disooonb >is allowed, It is only so whore gotds to tbs Talus <ofoDS pound starling ars purchased tit a thns. If I buy on* pound of tea why, instead of paying .~2s 9d, or at most, ts 4br it, should IT»e mad* to t^>ay9sSdt>rBs^dl* Let Jones end Smtfk pay >tUs szira price, for tht>y reooire the aoooamoda <tk>u, uad it ds'thth- -possibU shoitcomings which •oompsl ths looal storekespeT t* «©ll dsar. In iplsia words "Ist ths -lutttr sell st s* much for 'cash orer th* countermand safe monthly acoounts, .and so much for loos and doubtful credit, and *th«y will fini f«w disposed to go sutside th* tdisinot for th ir goods.— l am, &o t Cossxnat. M*milU>n, April llih, IS7Q.