TRADE DEPRESSION
WORLD-WIDE UNEMPLOYM ENT PROBLEM. AUCKLAND, Dec. 30. “When one considers the conditions ibtniniug in other countries, New Zealanders should have no reason to be lepressed over their unemployment u-oblem.”/ This statement was made ’»y Mr C. F. Bennett, who returned to Auckland by the Aorangi after an exended trip abroad. The impression lie 'allied was‘that the world had'not yet recovered from the period of trade fltepression, and that unemployment vas still a serious problem. “I visited twenty-five countries dur- ; ng my tour,” Mr Bennett said. “With l few exceptions, there were general omplaints about the slackness of trade, md in consequence there were thou‘•arnlft oif unemiployed almost- evervvliero. This even applies to the Unit'd States, a country which has such a ■rent reputation for prosperity. Even whore trade was booming a year or <wvo ago. with massed production in highly organised secondary industries, it i* generally admitted 10-day that •applies are in excess of the demand. The unemployed lists are growing instead of 'diminishing.”
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Hokitika Guardian, 2 January 1930, Page 8
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166TRADE DEPRESSION Hokitika Guardian, 2 January 1930, Page 8
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