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Salient: Victoria University Students' Paper. Vol. 28, No. 3. 1965.

[introduction]

Dr. Sutch has fallen, and with him an era ends. Last year's nine day wonder in New Zealand was his compulsory retirement from the position of Secretary of Industries and Commerce. This was seen by some as a preliminary step in the Government's plan to remove import controls and develop a more market-orientated economy. There is no doubt that the pro and anti Sutch schools will continue to debate.

More accurately, the debate about import controls and their role in promoting industrial development and protecting the balance of payments will continue, However, what has escaped notice in the debate has been the effect import controls have had in shifting a large slice of the National Income away from the wage and salary earner.