IMPROVED POSITION
NEW ZEALAND PRAISED. OBSERVATIONS BY BRITISH BUSINESS MAN. (Recd This Day, 11.35 a.m.) LONDON, May 23. Mr Stokes, managing director of Ransomes Rapier, in a letter to the newspapers, says he is surprised that the marked improvements in New Zealand’s economic position has not been hailed in Britain with the satisfaction usual on such occasions. It is an indubitable fact, he adds, that the power of the urban and rural populations in New Zealand has increased in the past two years, and that there has been a stabilisation of earnings in the dairying industry as a result of the Government's guaranteed price scheme. It is difficult to understand the slight but persistent fall in New Zealand stocks. Bulls and bears should note Mr Savage’s repudiation of the mischievous rumour that he contemplates a tariff inimical to manufacturers in Britain.
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https://paperspast.natlib.govt.nz/newspapers/WAITA19380524.2.77
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Wairarapa Times-Age, 24 May 1938, Page 8
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141IMPROVED POSITION Wairarapa Times-Age, 24 May 1938, Page 8
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