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The Pamphlet Collection of Sir Robert Stout: Volume 30

The Same Complaint Everywhere

The Same Complaint Everywhere.

It so happens that whilst we, in New Zealand are complaining, nearly all the other nations and colonies admit that they are in just the same con- page 2 dition of depression, so that our small voice, though raised to its highest pitch, is more like the echo of a universal dirge than an individual sound, having a cause and an object of its own. The bi-metallists are forcing their noble and self-evident theory before the public, with a view to shewing the fallacy of demonetising silver and the general relief which would be sustained by all kinds of traders if that metal were once more recognised as a legal tender. And the "over-competitionist" and "over-productionist" wailers sing their mournful song—in spite of all the proofs that have been brought forward to shew the falsity of those pleas,—and say that too much competition is at the bottom of all the mischief, and too many manufactories are flooding the market and swamping the normal condition of trade.