AMERICAN FARMING
FEELING THE DEPRESSION PETROL FOR NO THING! Wheat farmers an Canada and the United States were feeling the depres'sion very acutely, said Mr J. Ellis, a Wellington Businessman, Who' returned by the Maunganui from San Franc'isco. Mr Ellis said that it was costing the farmers almost as muoh to produce the wheat as they got for' it. The market price for - wheat when ' he leffc the country was forty cents a bushel, and unless a man were farming ih a hig way he could scarcely make a liviri'g. "They are' very optimistic about an early recovery, but" I don t see how that is p'Ossible When there are nearly 10,000,000 unemployed in the whole •country," said Mr Ellis. Givihg an example of how trade in America'lias been affected by the depression, Mr Ellis said that during- a petrol war in: Galifofnia recently petrol was .being sold at flve •oents a gallon, including a tax of thred cents, so that. the consumer was paying about' ld; per gallon for the spirit itself. Some •of the service S'tations in' Lds Angeleswere filling up the petrol tanks of the' cars for nothing providing the' motorist purchased oiL "There is noTmistake about it, the 'Country is in a bad way," concluded Mr Elhs.
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Rotorua Morning Post, Volume 1, Issue 13, 7 September 1931, Page 5
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211AMERICAN FARMING Rotorua Morning Post, Volume 1, Issue 13, 7 September 1931, Page 5
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