MUST WE FACE LOWER INCOME FROM OVERSEAS?
. “If Britain had said that the in-" crease would be an embarrassement the farmers ,of this country would have willingly foregone it,” says a statement by Federated Farmers, referring to the increased price to be paid by Britain for Dominion . export produce, estimated to amount to £5,389,000. “Even now,” the statement continues, “the farmers are not sure they will receive any part of the increase. The truth is that New Zealand wanted the money more x than the farmers. The Dominion has been spending at an extraordinary rate, and the' Government probably k saw no other course than c xo that our produce prices be more into line with those being paid-to other countries. This in-. crease is probably the last we shall receive. Apart from world trends in prices, Britain’s financial position makes this certain.
New Zealand, then, should be planning to get along on a lower overseas income. The prospeels are not pleasing, but we ** should face up to them. To do otherwise is to court financial disaster.” .
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https://paperspast.natlib.govt.nz/newspapers/BPB19490722.2.17
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Bay of Plenty Beacon, Volume 14, Issue 15, 22 July 1949, Page 4
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177MUST WE FACE LOWER INCOME FROM OVERSEAS? Bay of Plenty Beacon, Volume 14, Issue 15, 22 July 1949, Page 4
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