CONDEMNS HIGH EXCHANGE
"There has been a lot said about the exchange question until I suppose you are heartily sick of it," said Mr. W..J. Gaudin, Independent candidate for Wellington East at Melrose last night. "From the town point of view the higher exchange was unjustified. There's no doubt at all it has increased the cost of living. Government statisticians say the cost of living is only 1 per cent, more than it was. I say this quite definitely: that if the exchange had not been put up the cost of living would have been at least 10 per cent, lower."
Mr. Gaudin considered it was time the secondary industries were assisted and to do this he advocated tariffs.
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Bibliographic details
Evening Post, Volume CXX, Issue 111, 6 November 1935, Page 14
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119CONDEMNS HIGH EXCHANGE Evening Post, Volume CXX, Issue 111, 6 November 1935, Page 14
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