NEW ZEALAND'S PRODUCTS
SMALL HOPE OF MARKET IN EUROPE
PROFESSOR BELSHAW'S VIEW
(Received December 16, 1.45 a.m.) FREMANTLE, December 15. Professor Horace Belshaw, of the University of New Zealand, who has been studying abroad for nine months, arrived from London by the Narkunda. Professor Belshaw said the policies adopted in most European countries for the fostering of agriculture afforded slender hopes for the negotiation of trade agreements for the disposal of the primary products of Australia and New Zealand. There seemed to be general agreement among economists that the population of Western Europe was steadily declining, not because of any paucity of the necessaries of life, but because of the changing attitude towards families. The efforts of Germany and Italy to increase their populations would offer only a temporary check to the general tendency. Both Australia and New Zealand had built up their economy on the assumption of an expanding market; but this no longer held. It would have the ultimate effect of giving New Zealand greater justification for the development of non-primary industries.
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Press, Volume LXXII, Issue 21967, 16 December 1936, Page 8
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174NEW ZEALAND'S PRODUCTS Press, Volume LXXII, Issue 21967, 16 December 1936, Page 8
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