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ADVERSE TRADE

PLIGHT OF VICTORIA

PROTECTION HAS FAILED

WHY PREMIER SAYS SO

(United Press Association.-7-Copyright.)

(Beceived 27th September, noon;)

MELBOURNE, This Day.

For the year 1926-27 Victoria imported goods from oversea! valued at £55,598,000. Her exports amounted to £34,600,000, leaving an adverse trade balance of nearly £21,000,000. To this must be added interest charges on money borrowed to enable these purchases to 'be made amounting to £2,500,000.

Mr. E. J. Hogan, the Premier, says that he is led to think that protection, has failed, the two main reasons being profiteering by manufacturers and-dis-loyalty of the people in buying imported in preference to Australian goods.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19270927.2.94

Bibliographic details

Evening Post, Volume CIV, Issue 76, 27 September 1927, Page 9

Word Count
104

ADVERSE TRADE Evening Post, Volume CIV, Issue 76, 27 September 1927, Page 9

ADVERSE TRADE Evening Post, Volume CIV, Issue 76, 27 September 1927, Page 9

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