PROSPERITY WAVE.
INFLUENCE OF MARKETS. LABOUR’S CLAIM CHALLENGED. Per Press Association. WELLINGTON, Jan. 20.. Tlie improvement of the economic outlook of New Zealand is attributed by the president of the New Zealand Fanners’ Union (Mr W. W. Mulliolland) not to the Government, but to the improvement in the prices of the Dominion’s export commodities. “It is the amount of overseas goods that exports bring back that determines the standard of living and comfort,” says Mr Mulholland, “and no action by anybody in New Zealand, including the Government, can make export production purchase more of the world s goods on the world markets than the world is willing to give in exchange at the particular time.. “It is important to stress this fact at. the present, time, because there are under discussion some matters which may be very incorrectly dealt with if this is not fully recognised.” continues Mr Mulholland. “Discussions in connection with the compensated price for dairy produce may have tended to give the impression, never for a moment intended, that is possible to devise a policy that would make New Zealand independent of fluctuating prices for her exports.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19380122.2.188
Bibliographic details
Manawatu Standard, Volume LVIII, Issue 46, 22 January 1938, Page 15
Word Count
190PROSPERITY WAVE. Manawatu Standard, Volume LVIII, Issue 46, 22 January 1938, Page 15
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in