INDUSTRIAL GROWTH
“Rate Out Iff Proportion^ 5 Concern at the dispri portion in the rates of gn wth of industry in the North and South Islands was expre sed by members of the Cai terbury Manufacturers’ As® (nation at a meeting of its c uncil. The president of the o ssociation (Mr R. G. Pearce) i aid that the concern of the S( Uth Island was not that the N rth was progressing, but that the rate of growth was get ng alarmingly out of proport on. “We are not standing s ill, but there are circumstai :es which prescribe our raft of growth,” he said. “B asic Illy we believe that the eou try as a whole will develop i ore soundly if the growth .'of the two islands is more Le iitable.” Mr Pearce said th.iti the Government eould use Hf influence to bring this ablpt i in part by introducing wo freight rates—one for och island. "This would noth fer a panacea, but such a a tep would encourage marwEacturers to establish inidi dry here and stay here.”
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Bibliographic details
Press, Volume CIV, Issue 30678, 18 February 1965, Page 6
Word Count
181INDUSTRIAL GROWTH Press, Volume CIV, Issue 30678, 18 February 1965, Page 6
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