EXCHANGE RATE
DOMINION ON LONDON. KALI NEXT ECONOMISTS OPINION. 'By Telcyraph—Per Frex.i A xsi>r.i<itu>n WELLINGTON, February 21. Professor Gregory, the eminent economist, who was associated with Sir Otto" Ne-imover in the investigations made into Australian Federal and State advances, and who later came to Wellington in advance of Ncimeyer as the guest of the iGovernm-eut, has been consulted with the object of obtaining the best opinion in the city of London, on the question of advancing the rate of exchange ill .New Zealand on London. Mis att ituilt- is made plain in 111 • filial sentence from his opinion, as •aided out; “Even if if. a Her is lus (the farmer's) receipts more favourably than it affcel.s his nils unfavourably, the influence on the Goveiamieiii, on •wages generally, and on the credit, of New Zealand have also to he lakcn into serious consideration, as well rs the danger that a movement, of this kind, (Hire initiated, may be dillietilt to check.”
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Hokitika Guardian, 25 February 1932, Page 3
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160EXCHANGE RATE Hokitika Guardian, 25 February 1932, Page 3
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