MR. SAVAGE FAREWELLED

Greymouth Evening Star, 25 June 1937, Page 7

MR. SAVAGE FAREWELLED

THANKS FOR HOSPITALITY [BY CABLE —PRESS ASSN. —COPYRIGHT.] (Recd. June 25, 1 p.m.). LONDON, June 24. A large crowd farewelled Mr. Savage at Liverpool Street Station, anil sang “For he’s a Jolly Good Fellow, and cheered. Mr. Chamberlain’s private secretary brought a message of God speed. In a farewell statement to the British Press, Mr. Savage thanked the Government on behalf of the delegation and all New Zealanders, for the generous hospitality. He regretted that owing to pressure of work he was unable to accept a host of invitations from all parts of the United

Kingdom. The New Zealand Fruit Board selling brokers entertained Mr Nash andMr Jordan at Covent Garden markets, The gathering discussed the marketing and handling of New Zealand fruit.

PURCHASING POWER.

(Recd. June 25, 2.30 p.m.) LONDON, June 24.

A feature of the Federation of Chambers of Commerce of the British Empire annual report is the adoption of Mr Savage’s thesis that the root of the problem for Empire development is increasing the purchasing power of the masses. It declares: “It is evident if the people of the United Kingdom had more purchasing power they would gladly consume more food. If the people of the Dominions had more purchasing power they would be pleased to consume more manufactures. The Dominions could certainly produce more food and take more immigrants, and the United' Kingdom could use the unemployed for producing more manufactures. This production of trade does not occur, because the importers on both sides, know the people have not the money to buy additional goods.” The report outlines the economic situation throughout the Empire, and suggests the leaders in each industry in Britain and the Dominions must meet to draw up the line of demarcation and prevent industries overlapping as far as possible.