Private Enterprise Saved State Money
Press Association)
(Per
WELLINGTON, July 19. A tribute to the efforts of the directors of the Foxton Woolpack Company, was paid hy Mr. W. A. Sheat (Opnosition — Patea) during a sneech in the House of Eepresentatives tonight. * Mr. Sheat said that the Govemment paid in £150,000 of capithl httt it liad not attempted to oust private shareholders. The efforts of the nonollicial, directbrs had pulled the corripany ont of near bankruptcy and made it a successful industry.
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Bibliographic details
Chronicle (Levin), 20 July 1949, Page 5
Word Count
82Private Enterprise Saved State Money Chronicle (Levin), 20 July 1949, Page 5
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