FINANCIAL DEPRESSION.
A PUZZLE.
By Telegraph—PreNs Association. CHRISTCHURCH, June 22. Mr A. C. Orr, a Christchurch business man, who has just returned from Australia, told an interviewer than the accounts of the present financial depression in New Zealand greatly puzzled all the Australian commercial people tu whom he had spoken. They could not understand why there should be any depression after a record harvest and a record Home shipment of frozen lamb and mutton, especially when New Zealand had a practically unfailing rainfall. It was felt that New Zealand had nothing to worry about..and chat any temporary scarcity of gold currency would soon be rectified. All the Australian States were experiencing an era of prosperity, and the nhenomenal progress which was being made by Queensland was a universal topic of conversation.
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Wairarapa Age, Volume XXXII, Issue 9224, 23 June 1909, Page 5
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131FINANCIAL DEPRESSION. Wairarapa Age, Volume XXXII, Issue 9224, 23 June 1909, Page 5
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