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ALL RECORDS SMASHED.

"Tbe present British boom continues to confotEnd pessimists and to astonisb even ihe most impartial observers," says tbe New York Times. "Axtificial pumping may come during tbe new year, wben tbe yasfc rearmament programme will make itself felt in tbe beavy industiies. But rearmament bas had comparatively little influence so far, and tbe improvement in international trade bas bad no appreciable effeet. Now, as in its early stages, tbe British boom is an internal aff air broughfc abont by tbe protective taiiffs, by cheap money and by nncommonly skilful management of tbe pound sterling. Times may be coming wben tbe stimulus of rearmament ordexs will be needed."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBHETR19370309.2.14.4

Bibliographic details

Hawke's Bay Herald-Tribune, Issue 45, 9 March 1937, Page 4

Word Count
110

ALL RECORDS SMASHED. Hawke's Bay Herald-Tribune, Issue 45, 9 March 1937, Page 4

ALL RECORDS SMASHED. Hawke's Bay Herald-Tribune, Issue 45, 9 March 1937, Page 4

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