UP-GRADE SOON
Economic Depression
TURN BEFORE YEAR END
Mr. Julian Foster Confident
Dominion Special Service.
Palmerston North, May 6.
“I do not claim to be a prophet, but next November will see conditions Well on the up-grade in the Dominion,” said Mr. Julian Foster, United States Trade Commissioner, during an address to the Palmerston North Lunch Club to-day.
During the past week, said Mr. Foster, he had received cables from the United States indicating that the bottom of the depression had been definitely passed. The United States was now In the “convalescent” stage, and three or four months would see definite improvement in business conditions. New Zealand was definitely tied up with the interests of overseas countries and would be in a happier position by next Noyember, he added.
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Bibliographic details
Dominion, Volume 24, Issue 188, 7 May 1931, Page 8
Word Count
129UP-GRADE SOON Dominion, Volume 24, Issue 188, 7 May 1931, Page 8
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