BETTER IN AFRICA.
GREATLY IMPROVED CONDITIONS. Greatly improved trade conditions in South Africa are proving of advantage to the United Kingdom. British exports ot' various kinds have been considerably increased. • It would be incorrect to say that the Union is enjoying a boom, but the termination of the drought, tTie greatly increased price for wool, and the premium on gold have all contributed to an improvement of a noteworthy kind. The latest survey of conditions there .shows that in every department of business activity the upward trend indicated in 1933 (and particularly in the latter half of the year) is being steadily maintained. One authority, in close touch with all that is happening, said recently: "When gold and wool are right, everything else is right in South Africa, and nothing has been more encouraging than the change-over from depression. So far as wool is concerned, the present benefits are the direct result of a courageous policy. The temptation to refuse to sell wool when it was at an uneconomic price, and to hold it up until there was a shortage, was resisted."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19340507.2.32.2
Bibliographic details
Auckland Star, Volume LXV, Issue 106, 7 May 1934, Page 4
Word Count
182BETTER IN AFRICA. Auckland Star, Volume LXV, Issue 106, 7 May 1934, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.