THE EAST INDIES
MR SCHMITTS TOUR EFFECTS OF THE DEPRESSION. Press Association —By Telegraph—Copyright. SYDNEY, August 3. Mr L. J. Schmitt, the Now Zealand Trade Commissioner, has returned from the East Indies. He said he was not prepared to state his opinions regarding the prospects of New Zealand trade with the East Indies until he submitted his official report to the Government in September. He said it was very encouraging to find how well New Zealand was regarded in the East. He found Singapore a very, modern city, with excellent public buildings, and up-to-date conveniences, but depression was prevailing as a result of the drop in the prices of tin and rubber, as a Jesuit of which 80,000 indentured labourers from surrounding islands had been repatriated. There was depression also in the Dutch East Indies, on account of the decline in prices.
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Evening Star, Issue 20862, 4 August 1931, Page 7
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142THE EAST INDIES Evening Star, Issue 20862, 4 August 1931, Page 7
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