DOMINION MUST MODERNISE ITS INDUSTRY
AUCKLAND, This Day (P.A.).— “If New Zealand ‘and' Australia are to hold their place in the . industrial battle of tomorrow, we must concern ourselves, not so much with nationalisation of industry but with modernisation of industry.” This comment was made by the president of the New Zealand Manufacturers’ Association Mr S. Howard Hunter, in a letter to the secretary of the Auckland Manufacturers’ Association, Mr J. R. Donn. Mr Hunter wrote while touring Europe. “The people of the countries we have visited are working with remarkable zeal and. intensity. Any member of our association who relies on trade agreements to. protect his enterprise is standing on insecure ground. If we are to retain the standards we enjoy today, we must produce as efficiently and competitively as our fellow men in other lands. In such countries as Switzerland, however, where the standard of production is on a very high level there is evidence of trade being throttled because of the. inconvertibility of currency. One of the ; outcomes of the' Council of Europe may well be freer trade.” ■
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Greymouth Evening Star, 23 August 1949, Page 8
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181DOMINION MUST MODERNISE ITS INDUSTRY Greymouth Evening Star, 23 August 1949, Page 8
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