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New Zealand Listener, Volume 26, Issue 664, 28 March 1952, Page 4

8I More dividends for shareholders more bargains for my wife" Said Uncle Chris. "It' 8 this way I said to Jock (who likes to think himself a little pink; politically). "Say a firm starts out to manufacture 4 bet- ter type of kitchen chair. The individual share- holders of the firm, having sunk 4 lot of money in buildings and plant, sit back 4 little appre- hensively and watch how things go. They're apprehensive because if the firm folds, their savings go. And usually they're small men like uS with no great resources. 66 Well, their kitchen chairs come on to the market at a competitive price: In 4 couple of years production is stepped uP to meet an in- creasing demand. 66 So the firm declares a dividend to share- holders (they deserve it,they took the risk); the firm boosts the wages of its workers : is able to lower the price of the chairs to make them even more desirable to the public: 66 My wife buys the chairs. Yours too, Jock" I said, And many of the neighbours: 66 All this can only happen under Free Enter- prise' 9) I reminded Jock: It $ the healthy profit motive Free Enterprise promotes that makes for progress and better conditions all round. SIt' 8 Free Enterprise, Jock" I said, 66 that brings benefit alike to shareholders, to workers; tO my wife_and your8 1" Inserted by tbe Associated Chambers of Commerce %f New Zealand. 01m4