Fiscal Traditions 



It is strange that this aspect of the 

 question is not more thoroughly understood 

 in this country. That it is not understood 

 better is undoubtedly due to the fact that, 

 on the one hand, the development of the 

 foreign market so obsesses the minds of 

 our leaders of industry that they do not 

 realize how far more important it is to 

 develop the home market, and on the other 

 hand, to the fact that a large number of poli- 

 ticians have become so hidebound in their 

 subserviency to so-called principles and 

 party tradition that they refuse to consider 

 the case on its merits. Out of very obsti- 

 nacy they prefer to leave the nation labour- 

 ing under adverse conditions rather than 

 seriously to work out the problem from a 

 scientific, and not a party point of view. 



If a minimum price for wheat is conceded, 

 it should be possible to fix a maximum price 

 as well. This would have many advantages, 

 it would fix the price of land, and it would 

 remove all reason for saying that the land- 

 owner would reap undue benefit. 



One word of warning with regard to this 

 question of wheat and arable land. It is 



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