TOLL OF DEPRESSION.
Economic Losses Equal to Cost Of Great War. FARMERS BADLY HIT. (Received 10.30 a.m.) GENEVA, February 9. The total losses to the world economic system from the depression of 1930-34 were between 100 and 120 thousand million gold dollars, equivalent to. the total cost of the Great War, according to a report by the International Labour Office. Industrial countries were not hit so badly as agricultural, and the former were able to preserve a relatively high standard of living. The middle classes were amongst the . heaviest sufferers.
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 34, 10 February 1937, Page 7
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90TOLL OF DEPRESSION. Auckland Star, Volume LXVIII, Issue 34, 10 February 1937, Page 7
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