LEAN TIMES
CONDITIONS IN AUSTRALIA
AUCKLAND, April 7
“A .visit to the theatres or to the large liptels in Australia piovides litue outward evidence, of depression, but. it /ebonies very real during the most casual con versa ti on with business men,'’ ■aid Air Jj. Robertson, assistant. gen•.uul ma nager ’bi" The Jbarmois’ Trading . vaipiii.y,,. who. returned to Auckland •,!* the Niagara' after spen.ling a month
.1 tlie Commonwealth, and attending .lie Rotary 'Conference at Sydney.- At, luncheon tendered to Rotarians by -lie Sydney Chamber of Commerce he • aid met men interested in the timber and brick industries, who had- informed .uni that a reduction in output of 48 .orient, had taken place. Others'had aid that the returns of the large.'department stores had decreased by from tO to 2b per cent, and the employees .vere < ornpellcd to work short time and on a week’s holiday every ten weeks.
.\ir Robertson said it was obvious that Australia was facing a lean time. It was’alsor apparent-,.'from the efforts lie. Federal government was making io. meet the' position that the process of adjustment was going to be Jong •me! trying. It would tax the best brains of the country, and call for the wisest counsels on the part of tlie leaders of larbour. Air Harvey Turner, of Turner’s and r «rower’s Ltd., Auckland, who also returned by the Niagara, said that business seemed to he worse, in Sydney than Tn Melbourne and worst of nil in '.Adelaide, where he found prices of clothing, for example ridiculously low. It was evident that retailers had had jo make drastic reductions in order to «ell .anything at all. There were signs that A wage cuts, when necessary', would not- ho so strongly resisted as such reductions usually were. The •New South Wales raUwayivien had taken their rut in good part, possibly owing to /the example of the new "puera'l manager, Mr Cleary. Hi' had keen aimointed at a salary of £7bOO; but: decided to take only C2boo.
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Hokitika Guardian, 10 April 1930, Page 3
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330LEAN TIMES Hokitika Guardian, 10 April 1930, Page 3
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