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CONDITIONS IN SOUTH AFRICA

A PESSIMISTIC OUTLOOK

(By Electric Telegraph—Copyright) (Australian and N.Z. Cable Association)

CAPETOWN, April 8. At tlic annual meeting of the Chamber of Commerce at Johannesburg the President referred to the serious effect of the strike and 1 revolution on the industrial and economic conditions. Insolvencies had multiplied and ruination was facing a considerable portion of the population. Unemployment was rampant, and there was every prospect of increased taxation. Probably a more disastrous condition of things, in relative magnitude, _ has never visited the country at one time.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19220410.2.57

Bibliographic details

Nelson Evening Mail, Volume LVI, 10 April 1922, Page 5

Word Count
90

CONDITIONS IN SOUTH AFRICA Nelson Evening Mail, Volume LVI, 10 April 1922, Page 5

CONDITIONS IN SOUTH AFRICA Nelson Evening Mail, Volume LVI, 10 April 1922, Page 5