DOMINION FINANCES
Unique Opportunity to Rehabilitate Credit ’(By Telegraph—Press Association? DUNEDIN, Dec. 20. Referring to the drift in the financial position at the annual meeting of the Dunedin Stock Exchange, Mr. Harman Reeves stated that a unique opportunity to rehabilitate the Dominion’s credit was offered in payment for our exports in sterling at substantially higher prices than last year. “With the curtailment of extravagant expenditure the country may yet weather the financial depression many have been predicting,” said Mr. Rooves. “It is a wonderful opportunity to restore our financial credit and regain the good name we previously had in financial circles. “Will the exchange position be rectified, and our pound once again restored to its former position alongside the Australian British pound, or will we continue to live in an atmosphere of financial doubt and instibility?”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19391221.2.11
Bibliographic details
Manawatu Times, Volume 64, Issue 301, 21 December 1939, Page 2
Word Count
136DOMINION FINANCES Manawatu Times, Volume 64, Issue 301, 21 December 1939, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. 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.