FALL IN EXPORT INCOME

Press, Volume XCI, Issue 27592, 24 February 1955, Page 8

FALL IN EXPORT INCOME

COMMENT BY FORMER TREASURY OFFICIAL “DIFFICULT PROBLEMS” FACING N.Z. (New Zealand Press Association) WELLINGTON, February 23. New Zealand had lived beyond its means during the last calendar year, and had overspent its overseas income by £16,000,000, said Mr A. D. Park, a former Secretary of the Treasury, in an address to — “This largely accounts for the restrictive banking credit policy we see in operation today,” he added. Mr Park said the country was now facing the same difficult problems of adjusting internal prices to a falling national export income that it face.? in 1929. This was because the country had passed through an era of rising prices, and, during recent months, declining prices for primary products. Prices for dried milk, butter and cheese, apples, honey, egg pulp, casein, hides, tallow, casings, and pork had fallen, and the reduced prices would be reflected in the country’s financial position.

Mr Park added that the production of pulp and paper in New Zealand would produce about £15,000,000 of additional overseas income—just about enough to counterbalance the deficit experienced last year.

CHIROPRACTORS IN N.Z.

Doctors’ Attitude Criticised MOVE FOR GOVERNMENT RECOGNITION (New Zealand, Press Association! HAMILTON, February 23. The British Medical Association’s attitude towards chiropractors was criticised by Mr G. A. Vodane, of Hamilton, a member of the education committee of the New Zealand Chiropractors’ Association, in an address to the Morrinsville Rotary Club. He said that the present Government had set up a committee to investigate proposed chiropractic legislation as a result of representations from various organisations, including a caucus of the National Party. Among the members appointed wej-e Mrs G. H. Ross, and Messrs E. H. Halstead, J. T. Watts, J. Rae, and E. P. Aderman. A hearing had started, but was adjourned before the election and there had been no indication when it would be resumed. Mr Vodane said that the case for registration of chiropractors was based on sound physiological and clinical evidence and also on legislation passed by governments in Britain and America.

It was evident from objections by the British Medical Association representatives attending the hearing that their knowledge of chiropractic was limited, said Mr Vodane. He claimed that they were against it because of its existence outside the control of the medical profession.

“New Zealand chiropractors seek Government recognition, not recognition by the 8.M.A.,” he said. "We are not interested in what the average doctor thinks of chiropractic, as the only cases he would refer to us, if he were able to do so, would be problem cases from a medical point of view, and they come to us in any case.”