MR NASH WELCOME
OBSERVATIONS BY LONDON PAPER NATURE OF.NEW ZEALAND PROBLEMS. REDUCTION OF EXPENDITURE SUGGESTED. By Telegraph—Press Association—Copyright. LONDON, May 31. The “Financial Times” states in a leader: “In view of the difficult external debt problem of New Zealand, the arrival of Mr Nash is greatly welcome. The real problem of the Do-minion’-s credit is that behind the exchange situation lies a record of expensive social reform, public works, and guaranteed prices for dairy produce. • The first essential should be a slowing down of expenditure on social and economic reform in order to give the maximum effect to the present import control, but Mr Nash apparently •is convinced that import control alone will be sufficient.”
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Wairarapa Times-Age, 1 June 1939, Page 7
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115MR NASH WELCOME Wairarapa Times-Age, 1 June 1939, Page 7
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