ECONOMIC PROBLEMS

Gisborne Times, Volume LXXI, Issue 11382, 6 December 1930, Page 5

ECONOMIC PROBLEMS

SERIOUS POSITION! OF FARMERS.

BANKS AND. COUNTRY SHOULD WORK TOGETHER.

MR. FORBES’ APPEAL' FOR

UNITY

(U.P.A. by Elec. Tel; Copyright) - LONDON, Dev. 4. Mr. G. W.- Forbes arrived/in London from 'lreland, . , q . Interviewed regarding the dairying interests’ ’ 'suggestion 'of a mortofium lie stated thjit he .recognised fully the sei-ioiisiposition Of dairy ‘farmers, as well’ as wool growers. The low prices of their, -‘products were bround to caiisp much hardship, but he was confident that mortgagees and financial institutions wohld- recognise that it was in their own <’ interests, as well as the country’s, the producer to meet’ the 7 'position'/- with the result that' no . Governhieht action would be heegs'sary. Ney. Zealand lyas passing through a crisis 'which 1 could only be overcome -by ’the**’ financial institutions, the' farmers, and the whole country working together; If this were done lie was,- confident that New Zealand would weather the present difficult .position. .Qommtkiity prices were now at their lowest-. The next- movement must be upwards. Commenting ton the Dairy Conn'oil’s request for a new appeal to Britain to tax foreign food and give preferences in response to lower New Zealand customs duties, he said he had already presented the preference case' at the Imperial Conference, and the British Government had given a definite and final answer against the taxation of foreign foodstuffs. No good purpose would be served in an attempt to reopen the subject before the conference at Ot-awa. Mr. and Mrs. Forties and Sir Thomas and Lady Sidey will 'join the party which is going to France on Saturday'.

ECONOMIC CONFERENCE

MANUFACTURERS TO PARTICIPATE.

(Press Association.)

WELLINGTON, Dec. 5. The Manufacturers’ Association is included in ’ organisations taking part in the economic conference called by the* Associated Chambers of Commerce fpr Wednesday next-.

The purpose of the conference is to discuss questions of national importance with a view to arriving at an agreement which a joint deputation representative of all the bodies concerned could place before the Prime Minister when .he returns.

DESPERATE POSITION OF COUNTRY AND FARMER,

SPECIAL SESSION OF PARLIAMENT URGED.

(press Association.)

HAMILTON, Dec. 5. The need for "an immediate session of Parliagient tp discuss ways and means for relieving the desperate position of the country and the farmer in particular, was voiced at a largely-attended meeting of the Waikato Farmer's Uniop to-day, and the following resolution was carried. That this executive urge's the Gov-ernor-General to assemble Parliament immediately to consider remedies for the - present desperate economic condition of the country and the farming community in particular.