THE COMMONWEALTH
DEVELOPMENT OF NEW
INDUSTRIES
(By Cable.—Press Association.—Copyright.) SYDNEY, March 6. The "Daily Telegraph," in an article ou the devoiopment of industry as an indirect result of the war, says that since the outbreak of hostilities and the limitation of opportunities for transport, many hundreds of thousands of pounds have been invested in manufacturing enterprises. Factories are rapidly springing up, and an earnest effort is being made to make the country more self-supporting in tho day of commercial stress that is forecasted when the blood lust of Germany has been quelled. . The paper enumerates numbers of instances of firms spending large suni s to increase their production. One firm invested £230,000, with an additional £50,000 to follow, and declares that 50 new industries could be written down offhand.
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Press, Volume LIV, Issue 16154, 7 March 1918, Page 7
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129THE COMMONWEALTH Press, Volume LIV, Issue 16154, 7 March 1918, Page 7
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