DOMINION LEGISLATION
" MAY BECOME ECONOMIC IMPOSSIBILITY" PROMINENT BANKER'S VIEWS Press Association—By OJelegrapU —Copyright LONDON, June 30. (Received July .1, at 11.45 a.m.) Sir Austin Harris, presiding at a meeting of the National Bank of New Zealand, said that while prices were good and trade was active the New Zealand Government’s policy might not arouse concern, but a period or reaction would come in due course, when trade would find it difficult, perhaps impossible, to bear the additional costs. Legislation which imposed minimum wages and shorter hours might become an economic impossibility. The policy of guaranteed prices, then put to the test, might prove a severe strain. However, all felt sympathetic goodwill in the steps the Government was taking to improve the lot pf the people, ,
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Evening Star, Issue 22689, 1 July 1937, Page 11
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125DOMINION LEGISLATION Evening Star, Issue 22689, 1 July 1937, Page 11
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