THOUGHTS OF THE TIMES.
“PRICES CANNOT RISE.” Partly on holiday and partly on busi* ness, Mr A. M. Bortluvick, of the meat exporting firm of Thomas Borthwick and Sons, Ltd., arrived in Wellington last week by the Monowai from England, via Australia, Mr Borthwick told a “Dominion” reported on his arrival that he was really not in a position to make any authoritative comments on the present state of the meat industry, as much of his time had been recently spent on ranches and stations in various parts of the world; hut lie at least knew that “things were not too good at Home.” As to the heavy fall in the prices of meat, dairy produce, and other primary products during the last two years, Air Borthwick said that it appeared to him that prices could not rise. The. only alternative was that production costs would have to fall. It seemed impossible to expect people in England, where the basic wage was less than that in New Zealand, to pay more for their foodstuffs. Tile remedy was at the other end.
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Hokitika Guardian, 5 August 1931, Page 4
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181THOUGHTS OF THE TIMES. Hokitika Guardian, 5 August 1931, Page 4
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