AUSTRALIA’S TROUBLES
DIAGNOSIS BY ECONOMIST PRODUCTION COSTS TOO HIGH (Australian and N.Z. Press Association) Received 10.51 a.m. WINNIPEG, Monday. In an interview Sir Arthur Duckham, leader of the British Economic Commission, stated that his party travelled 20,000 miles in Australia and dealt with 120 groups of citizens. The basis of Australia’s economic troubles, he declared, was that production costs had not decreased in the Commonwealth. Concerning Empire conditions, he said the reorganisation of the coal and steel industries in Britain was having a beneficial effect throughout the Empire, and Britain was rising from the slump. He stressed the importance coal in the economic schemes of the Empire. To-day, Canada, with one-tenth of the world's coal deposits, was in a Position to dominate*, the markets of the Western world.
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Sun (Auckland), Volume II, Issue 604, 5 March 1929, Page 11
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128AUSTRALIA’S TROUBLES Sun (Auckland), Volume II, Issue 604, 5 March 1929, Page 11
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