“FIRST TO FEEL PINCH”
Shows and Depression OPTIMISTIC OUTLOOK Dominion Special Service. Palmerston North, April 15. “Unfortunately my term o£ office has coincided with an extraordinarily severe economic depression which has not been confined to this country alone—it has been world-wide,” stated the president of the Manawatu and West Coast Agricultural and Pastoral Association, Mr. L. B. Wall, at the annual meeting of the general committee to-day, when reviewing the past season's activities. "Our trouble in New Zealand has been caused by the tremendous' drop in the values of our primary products which, as you know, are our main source of income. There are signs, however, ot a rift in the clouds through which a little blue sky Is showing, and strong hopes are now freely expressed that the corner will soon be turned. "As this associaton looks for its support chiefly from the primary producer, we are among the first to feel the pinch when these occasions happen along. Accordingly I have always had before me the necessity for close watchfulness of the association’s affairs.”
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https://paperspast.natlib.govt.nz/newspapers/DOM19310416.2.20
Bibliographic details
Dominion, Volume 24, Issue 171, 16 April 1931, Page 5
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176“FIRST TO FEEL PINCH” Dominion, Volume 24, Issue 171, 16 April 1931, Page 5
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