WHAT THE ISSUES INVOLVE

Feilding Star, Volume 9, Issue 3795, 12 August 1932, Page 4

WHAT THE ISSUES INVOLVE

Australia to a large degree and New Zealand to a lessor degree are

vitally interested in the; answer to those questions. What it. means to the Commonwealth as- a whole may be gathered from the example of the Mother State alone. As late as last week, speaking oil the economic position in N.S.W ~ Premier Stevens, who is shouldering tdi© load dropped by Mr Lang, said: “A rise of at least 30 per cent. : n the export pieces is necessary before the present position. can be corrected'. Tyne is the essence of oup problem, because our rural industries are languishing. They cannot prepare for the inevitable dry seasons on present pr'c c levels. 5 ’ Mr Stevens declared thais unless the export industries of Australia, were stimulated the national economic system would be destroyed. “TTnle-. von iii*c prepared to break down the standard almost (o a. point >f widespread brankruptcy, you cannot restore the position of those industries o*r give to them that requisite stimulus to enable them to live and expend without raising their price levels. ”