BUSINESS UNDER PRESSURE
"The events of the past two years," states the National Bank o£ Australasia in its monthly summary, "have proved that Australia's business houses generally were in good condition at the beginning of the depression and strong enough to stand a period of strain without undue difficulty. The confidence of the people in our large and well-managed financial houses, including banks, insurance and assurance companies, pastoral houses, etc., has been maintained at a high level. "If the Governments generally had been able to preserve a similar confidence _, in their ability or willingness to do the right things, it would have made a marked difference to the outlook and the possibility of Australia's emerging, undamaged from the period of depression, when the adjustments rendered necessary by the fall in prices' and the stoppage of overseas borrowings had been made."
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https://paperspast.natlib.govt.nz/newspapers/EP19301208.2.152.10
Bibliographic details
Evening Post, Volume CX, Issue 137, 8 December 1930, Page 14
Word Count
140BUSINESS UNDER PRESSURE Evening Post, Volume CX, Issue 137, 8 December 1930, Page 14
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