STATE IN BUSINESS
\ FAILURES IN AUSTRALIA
(United Press Association—By Electrio Telegraph—Copyright)
(Received 31st March, 9.35 a.m.) VANCOUVER, 30th March. Mr Guy W. Holcombe, magistrate at Port Adelaide, in an interview declared that unemployment as an economic condition in Australia was.extremely bad. "Our States have entered into many phases of business in competition with private capital, with in many cases little success. Deficits were produced by State butcheries and bakeries which would often have been weeded out for inefficiency in private business but have been allowed to continue." Mr Holcombe blamed automobiles for the State railway deficit.
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Nelson Evening Mail, Volume LXIV, 31 March 1930, Page 5
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96STATE IN BUSINESS Nelson Evening Mail, Volume LXIV, 31 March 1930, Page 5
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