THOUGHTS OF THE TIMES,
LENDING RATES. Professor Belsliaw observed at the Auckland Economic Society j that rates of interest did not adjust themselves to the conditions of supply and demand as rapidly as most people believed. In. his opinion, concerted action on the* part of the Government and the .banks; would have an important effect in relieving the present difficulties, providing such action was practicable.
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Hokitika Guardian, 6 May 1931, Page 4
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65THOUGHTS OF THE TIMES, Hokitika Guardian, 6 May 1931, Page 4
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