UPLIFT IN BUSINESS

Rotorua Morning Post, Volume 2, Issue 570, 29 June 1933, Page 4

UPLIFT IN BUSINESS

REMARKABLE EFFECT OF 1 ROOSEVELT NEW fl POLICY 1 VALUE TO DOMINION 1 "The uplift in business cii'clesi America since the coming in oi H Roosevelt administration is sinfjl enonnous," said Mr. A. H. O'ConBf® North American representative ■ the Australian National Travel sociation, to a "Morning Post" if® sentative yesterday afternoon. j suppose there is no country m ■ world which has been harder hittlj the States by the depression," he cW tinued, "for there were no 1® ^ twelve million unemployed d®"'! last three years. Since the retUB® Roosevelt things have taken a | mendous turn for the better an n hear of better business con®'°!",] every side. There is more con and where a couple of years S everyone was talking of stayaSjB home now they are beginning of travel again. There is no ■ that this will be refleeted in oo 1 ■ Zealand and Australia and as m American is a great travellei, an 1 tour of the South Seas is ^ J question the finest round trip ° , ■ all, you will benefit accordmgy W near future." I The Turning Tide J "The tide of returning con^ evoked by the accession to pa ■ the Roosevelt administration 'Sj marked and it looks as if 1 ..J maintained," continued Mrnor. He mentioned that one 1 /factors which operated in M of New Zealand and AusJ JB the high exchange thought e - ■ was not now quite as favo* j it had been last year due to m cline of the value of the JB the rise in the value oi M However, the fact that Aj& once got the benefit °/ ® $|fl cent. exchange ^/iYpoE* would have a marked ett incidence of tourist tra c M for Australia, but for Ne . 3 also. Should the poob® [ M 'further stabilised as the r ^ M economic conference this M be refleeted in better 0 9 tl- Mr. O'Connor has had / perience as a journahst m m before undertaking his P1 ^9