N.Z. EXCHANGE
COMMENT IN LONDON PRESS
(United Press - Association)—By Electri# Telegraph—Copyright)
LONDON, August 15
Commenting on the statement of the New Zealand finances that has bye'n issued from the High Commissioner’s Office, the. “Daily Telegraph’s” city editor says: “The depreciation of the New Zealand pound j s admittedly an arbitrary one. .it is"" designed to help the primary producer, blit this statement plainly indicates ■ that the .present rate is more uneconomic than even the banks which opposed the change last January then -thought'vit u would 1 ' prove—to be.” . )r? • ■ ; <
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https://paperspast.natlib.govt.nz/newspapers/HOG19330816.2.56
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Hokitika Guardian, 16 August 1933, Page 6
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89N.Z. EXCHANGE Hokitika Guardian, 16 August 1933, Page 6
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