ORTHODOX ECONOMIST
AUSTRALIA'S INCOME CUT
INFLATION ILLUSION
(United Tress Association—By Electric Telegraph—Copyright.) (Received 3rd July, 9 a.m.) SYDNEY, This Day. The Federal Treasurer, Mr. E. G. Theodore, broadcasting on the financial situation, said that it was quite impossible for any country to maintain a monetary policy different from the country with which it was trading, while any man who thought it was possible to maintain wages, pensions, and interest at former levels was living in a world of illusion. He added that the national income of Australia next year would be £250,000,000 less than hitherto.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310703.2.66.1
Bibliographic details
Evening Post, Volume CXII, Issue 3, 3 July 1931, Page 7
Word Count
95ORTHODOX ECONOMIST Evening Post, Volume CXII, Issue 3, 3 July 1931, Page 7
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.
Log in