AUSTRALIA’S TASK
LIVE WITHIN INCOME. ... . ‘ ' ; /•''•
(Auitralian Frest Association.)
, -f r' SYDNEY, September 14. Mr A. C. Davidson, the General Manager of the Bank of New South Wales, gave an address on the economic crisis to-day. He warned the people that every financial proposal
or policy must now be subordinated to a “’long range policy,” a policy . ~designd to r place industry and production on a sound business footing. -■Austtaliay'iis a was involved ho said, whether she liked it or not,
ih'j’a'chahge-oyer"fr3iri dependency for employment' /partly'on industry and partly on public works financed out of overseas' loans, to a dependence almost wholly to restore the ability
; of Australian production and con- ' sumption to cover their costs out of the market prices. Mr Davidson continued: “There is'no evading of the problem of living within our means.”
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Hokitika Guardian, 15 September 1931, Page 3
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134AUSTRALIA’S TASK Hokitika Guardian, 15 September 1931, Page 3
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