AUSTRALIA’S FEAT
AN ASTOUNDING IMPROVEMENT.
LONDON, (October 8.
‘Australia is entitled to a place in the very front rank. The Commonwealth faced the most calamitous financial blizzard any country has endured, and has come through with flying colours. Australia is indeed splendid.” So writes Mr Esmond Harmsworth, who recently succeeded Lord Rothermere as' chairman of Newspapers, in a four-column article .in the “Daily Mail” entitled. “Australibis Splendid.” One to be taken—reduction of Die cost" of the national debt. A'lfetVaha''Tias re©stahlisliodi her credit on a higher basis than at any previous time in her (existence. : The .achievement. is even greater than Britain’s, considering the wide difference between the capacities to recover. Australia faced her alanning position with such courage and understanding that, Within a remarkably short period an astounding improvement Las been effected. The adverse trade balance has been amazingly converted into; a favourable balance. Adjustment of Budgets has been achieved by measures so drastic that their loyal acceptance- constitutes an epic in national endeavour.
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Hokitika Guardian, 7 November 1932, Page 8
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164AUSTRALIA’S FEAT Hokitika Guardian, 7 November 1932, Page 8
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