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The Prince 01 Wales Vi>s come back it- a different England t'nm tin gay, reckless, cxtravagan' Homelund that he left last Match (writes Mr. John Sandes to the Sydney Daily Ts'cgraph). Already the shadow of the comnig slump is over this proud metropolis. Wearable suits of clothes arc selling in Oxford Street for £"> 10s, and in St. Paul's Churchyard for £2 Ms Cd. Bar cotton has sagged heavily. The bottom has fallen out of the sugar market, and there are financial earthquakes in Amsterdam, Batavia and Cuba, in consequence. Copra is tumbling like a house of cards, and tin like the barometer before a hurricane. Consumers of .manufactured articles cannot buy, owing to that "cursed lack of pence," and in the absence of orders, supported by cash, manufacturers cannot manufacture.' Hence the rapid decline in values of raw materials. The stoppage of manufactures spells unemployment in capital letters during tie oomine mouths.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19201203.2.54.4

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 3 December 1920, Page 5

Word count
Tapeke kupu
152

Page 5 Advertisements Column 4 Taranaki Daily News, 3 December 1920, Page 5

Page 5 Advertisements Column 4 Taranaki Daily News, 3 December 1920, Page 5

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