Sioux County pioneer. (Fort Yates, Sioux County, N.D.) 1914-1929, 1919-11-27
new Zealand EXAMPLE OF NEW INDUSTRIAL
SYSTEM IN MS EARLY STAGES Of OPERATION.
Control Of Finance and Industry
League Program VI, h

UOtTVs " . Ju3uCot anu Du0NSyCy Il
League Program VI, n B
that the government uses itself q the
effort to help people to get good
homes. It has also taken power to
lend money on first mortgages to help
workers acquire their own houses. This
loan privilege. too, applies only to-
workers who make less than 81 600 q
year. and no loan may exceed $1,750.
High Cost Problem solvsd. ;s.s.
"How has the high cost OF living
been affected In New Zealand by all
this7 Wages are high in New Zealand,
the standard Of living is high and the
cost Of the necessaries and the luxur-
les is likewise high. However, the New
Zealanders have In their machinery Of
government itself way Of meeting
the high cost Of living. The providing
Of workers houses was one instance.
Here Is another: ss
about the beginning Of this century
the state took over some coal mines.
For some time the mines were worked
only enough to supply fuel for the rail-
roads. But some years ago there was
strike In New South Wales, and the
coal mining companies in New Zealand
decided that It was good time to
raise the price of coal since no coal
comes into New Zealand from their
competitors in Australia. ThereupOn
the government took steps to increase
the output Of the government mines
and offered to supply dealers at the
old price. y +.
AT once the companies began to
threaten the dealers; saying that any
body who bought from the government
could not buy from the coal companies.
Then the government went the coal
companies one better by establishing
coal depots in all the chief centers Of
population and Offering to supply coal
at retail price to consumers. That
ended the battle. Coal companies sur.
rendered and reduced their price to
the old scale."' +. 3s35 q .ssi si9
Great Material Benefits.
Some Of the material benefits real
lied by the people under these great
reforms are related as follows;
I'm December, 1914, there were six
banks Of issue doing business. The
average amount on deposit was about
$3.50, 00. 900. On December 81, 1914,
one out Of every two persons In New
Zealand had q savings bank account.
The total amount remaining In the
banks December 81, 1914, was over
500. O00, 900. The total. number OF de-
positors was 559, 2O8. At the first OF the.
year 1917-the latest date for which
reliable figures are available there
were 619, 872 depositors in, the 791 post
office savings banks and private saw
ings banks In the country. The aver
age amount on deposit was $50 GOO, 600.
aUp to March 81, 1917, the total,
amount that this government. Of the,
people had spent ron railways for the
people was approximately $1S5, COO 600.
For this expenditure the country has,
today 8, 900 miles Of railway. The reve-ss
nue. from the railway syAem for the
year ending March 81, 1917, in: round
numbers, amounted to $24, OOO, Co.,
The working expenses were $14, 500 900,
leaving net income Of nine millions
and q half. Y, II "a ;s;s sd 5ss3
The receipts for the postoftice and
telegraph department for the year end.
ing March 81, 1917, were $1,000, 600;
the working expenses were Sc, 600,
leaving ai'net revenue Of two millions
and ashalf ~. ID = "