IN EVENT OF SLUMP
INSULATING DOMINION. CHALLENGE TO PRIME MINISTER. (By Telegraph—Press Association). FEILDING, April 30. “I repeat my challenge to the Government to produce plans which Mr Savage says are in existence,” said Mr H. C. Jenkins, Wanganui, speaking at Rangiwahia tonight. “I say they are not. When I issued this challenge at Bulls it was met by the Prime Minister digging up a three-week-old newspaper article in the ‘Sydney Morning Herald,’ and making an inefficient answer to that. “I do not know what his answer to my second challenge will be, but I am confident that he will not produce the plans of which he has spoken. They exist only in the imagination of Mr Savage and Mr Nash. Again I say there are no plans for insulating New Zealand from any recession of prosperity in the world. “The recession is now on. The gold value of world trade in January was 11.2 per cent lower than in December. The seasonal decline during the preceding three years was about 6 per cent. During the last quarter of 1937 world production decreased by 10 per cent compared with the third quarter of the same year. “If such plans exist now is the time to reveal them.”
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https://paperspast.natlib.govt.nz/newspapers/WAITA19380502.2.22.2
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Wairarapa Times-Age, 2 May 1938, Page 3
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207IN EVENT OF SLUMP Wairarapa Times-Age, 2 May 1938, Page 3
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