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PROSPERITY IN DOMINION

♦— —. HIGHER EXPORT PRICES GIVEN AS REASON VIEW OF PRESIDENT OF THE FARMERS' UNION (PBEBI ABSOCIATIOS TILEOBAJI.) WELLINGTON, January 20. The improvement in the economic outlook of New Zealand- was attributed by Mr W. W. Mulholland. president of the New Zealand Farmers' Union, in commenting on Mr Savage's statement yesterday, not to the Government but to the improvement in the prices of the Dominion's export commodities. "It is the amount of overseas goods that exports bring back that determines the standard of living and comfort," he says, "and no action by anybody in New Zealand, including the Government, can make the export production purchase more of the world's goods on the world markets than the world is willing to give in exchange at a particular time. "It is important to emphasise this fact at present, because there are under discussion some matters which may be very incorrectly dealt with, if this is not fully recognised," continues Mr Mulholland. "Discussions on the compensated price may have tended to give the impression, never for a moment intended, that it is possible to devise a policy that would make New Zealand independent of fluctuating prices for her exports."

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https://paperspast.natlib.govt.nz/newspapers/CHP19380121.2.52

Bibliographic details

Press, Volume LXXIV, Issue 22306, 21 January 1938, Page 10

Word Count
197

PROSPERITY IN DOMINION Press, Volume LXXIV, Issue 22306, 21 January 1938, Page 10

PROSPERITY IN DOMINION Press, Volume LXXIV, Issue 22306, 21 January 1938, Page 10