Employers Not Parasites.

Now it must be realised that "business ability is itself an agent of production, and that the competent employer is himself a creator of wealth and not a mere parasite, as workers are often told, upon the productions of labour. The ability of the employer is a vital concern of the workers, for the workers have direct sources of loss in a bungling entrepreneur. Anyone genuinely desiring information on this topic may be referred to "Walker's Political Economy," or to "Mallock's Labour and the Popoular Welfare." Or if one desires the latest word to the last-mentioned writers, "Lectures on Socialism," delivered in America last year.

Admitting as any impartial man must (that business ability is itself a producer, it still remains to decide whether on the figures I have given business ability in general seems to be overpaid in N.Z. It is not necessary for me to offer an opinion.