STANDARD VALUE.
CONSrDEEABLE DEPRECIATION. SYDNEY, This Day. Mr Daniel Hawkins (statistical officer of the Board of Trade), at the Forty-four Hours inquiry, stated that the average production ia New South Wales for the five years from 1909 to 1913 was £66,000,000. In 1914-1919 it was 58,000,000, based on the same standard of value, but production in 1919 totalled £98,000,000 showing a decrease in the purchasing- power of the sovereign.—A. and N.Z.
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Bibliographic details
Northern Advocate, 18 October 1920, Page 2
Word Count
71STANDARD VALUE. Northern Advocate, 18 October 1920, Page 2
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