N.Z. SLUMP.
SURPRISE IN OLD COUNTRY’. • IMPORTS TOO COSTLY. LONDON, Feb. 22. Commenting on the recent report of Trade Commissioner Beale, the Financial News says: ‘‘We are so accustom ed to learn of Eldorados and Utopia’s nourishing in every corner of the world except Europe, that it comes rather as a shock to find that New Zealand had a disappointing life in the past twelve months.” The editorial draw’s attention also to the excess of imports over exports, and points out that the most disturbing element is the steady decline in the share of imports claimed by Great Britain. It inclines to the opinion that British manufacturers must 'be prepared to meet the modern need for cheapness, efficiency and smartness, and offer the latest styles on a parallel with the old.
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Bibliographic details
Grey River Argus, 24 February 1927, Page 2
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131N.Z. SLUMP. Grey River Argus, 24 February 1927, Page 2
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