No Fanciful Financial Utopias
HARD WORK TILL GOOD TIMES COME, Times Special WELLINGTON, June 23. “No pleasant dreams of the visionary of fanciful forms of currency, of inflation, or reflation, will lead New ■Zealand, or any other country, into the Utopia so glihly promised by theoretical exponents,” remarked Sir George Elliot at to-day’s meeting of the Bank of New Zealand shareholders. The present British banking and currency systems may not be perfect, lie said, but they have been gradually evolved by succeeding generations of practical men to meet the intricacies of trade and finance, and they have undoubtedly had their part in the making of London tthe financial centre of the world. Until in the cycle of events good times come again, let us follow the high road of old-established methods, never forgetting the value of hard work and of living within our means.
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Bibliographic details
Manawatu Times, Volume LIV, Issue 7191, 24 June 1933, Page 7
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144No Fanciful Financial Utopias Manawatu Times, Volume LIV, Issue 7191, 24 June 1933, Page 7
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