VICIOUS SPIRAL
WHITHER NEW ZEALAND?
LIVING BEYOND MEANS. Per Press Association. WELLINGTON, Aug. 12. Tho president oi the Wellington Chamber of Commerce (Mr R. hiNimmo), commenting on the wages increase, said there was no denying the cost of living had risen, and on that basis it would appear the Court had little difficulty in justifying some increase, but the subject ven deeper. . . “me people of this country are definitely living beyond their means, and unless and until the vicious spnfu of increasing costs and increasing wages is arrested, the average citizen is fully justified in asking bluntly where this is going to lead the country, and when action is likely to be taken to put an effective step to it, said Mr Nimmo.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 217, 12 August 1940, Page 6
Word Count
123VICIOUS SPIRAL Manawatu Standard, Volume LX, Issue 217, 12 August 1940, Page 6
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