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The Pamphlet Collection of Sir Robert Stout: Volume 79

Stop Importation and Limit Profit

Stop Importation and Limit Profit.

The industrial question will never be settled "until it is settled right," and we respectfully submit that the way to settle this problem permanently is:—
1.To stop wasteful local competition by encouraging the modern combination of our scattered industries in each line of production.
2.Stop by tariff protection foreign competition and the unnecessary importation of the goods that should be made in New Zealand.page 15
3.Stop capital, when combined and protected, from taking advantage of the consumers by genuine State competition. The consolidation and Protection, of our industries, when rendered harmless by genuine State competition, would greatly increase employment, and at the same time absolutely protect the public as consumers, by limiting private prices to those charged by the State.

An example, showing the necessity for this proposal, was cited by the Acting-President of the Canterbury Chamber of Commerce recently, who stated that: "the excess of imported boots and shoes over local manufacture was 96 per cent., while the excess of imported woollens was 57 per cent., and of machinery and implements 95 per cent." If all the factories in New Zealand were consolidated, modernly equipped and specialized in each line of industry, they would be very effective in production, and only medium in size when compared with foreign competitive factories.