“Obvious Weakness” In Stabilisation Plan
The Government’s Economic Stabilisation policy, as outlined by the Prime Minister, was referred to briefly by the President of the Auckland Provincial Executive of the New Zealand Farmers’ Union (Captain H. M. Rushworth) at the monthly meeting this week.
Captain Rushworth said that the Government’s plan was a belated attempt to stabilise the economic position of the Dominion. He quite agreed with the Prime Minister that the success of the plan depended upon the backing of public opinion. It was not the first attempt at stabilisation that had been made.
The first thing that struck him was the obvious weakness in regard to wages. The framing of a stabilisation regulation was an easy matter, but its effectiveness might be made nugatory by the raising of a man’s designation or grading. In regard to materials also the possibility of camouflaging was obvious.
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Northern Advocate, 19 December 1942, Page 6
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146“Obvious Weakness” In Stabilisation Plan Northern Advocate, 19 December 1942, Page 6
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