COMMODITY PRICES
CATASTROPHIC FALL
WHOLE LEGACY OF PROBLEMS
LONDON, 24th January
Discussing the trade position, "The Economist" says the fundamental fact is that the catastrophic fall in commodity prices in the past two years has left behind a. whole legacy of problems which still await solution.
In England—indeed, in all the more industrialised nations-^-the problem resolves itself mainly into one reconciling selling prices • and costs, and all labour disputes find their roots in this issue.
Abroad, especially among the countrifs which are primary producers, the problem takes the more pressing form of finding a market for produce at almost any price which will supply them, in the aggregate, with sufficient foreign money with which to' meet external commitments. This-is a pressing problem in Australia, Argentina, and Brazil, and until they have solved it it is difficult to see how they can be expected to extend their purchases of foreign goods.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310126.2.57.2
Bibliographic details
Evening Post, Volume CXI, Issue 21, 26 January 1931, Page 9
Word Count
150COMMODITY PRICES Evening Post, Volume CXI, Issue 21, 26 January 1931, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.