TROUBLE FORSEEN
INTERNAL PRICE LEVELS The further restrictions on imports would mean that, less goods would be available for consumption in New Zealand, and the position would be accentuated by the occupation of a large proportion of our secondary industries in making goods for the forces, said Mr. A. P. O’Shea, Dominion secretary of the New Zealand Farmers’ Union, in an interview in Wellington. This meant that unless steps were taken to decrease the amount of money in circulation in New Zealand considerable rises in our internal price levels would be inevitable.
"This means increases in costs which will react against all producers, particularly primary producers, which, in turn, means economic trouble for the whole community,” Mr. O’Shea added.
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https://paperspast.natlib.govt.nz/newspapers/GISH19391023.2.12
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20075, 23 October 1939, Page 4
Word Count
119TROUBLE FORSEEN Gisborne Herald, Volume LXVI, Issue 20075, 23 October 1939, Page 4
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