Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

DISQUIETING SYMPTOMS

SEEN BY LORD ROTHERMERE TRADING FIGURES (United’ Press-'Association—By Electric Telegraph—Copyright) 'Received - 7th January, 9.30 a.m.) - ->',«• -i LONDON, 61 It January. Lord Rothemic-re in an article in the “Dispatch” says that the budgetary trading figures for 1935 exhibit the same disquieting symptoms observable in 1827-28, leading to the crisis in 1931. Expenditure is again mounting, and the adverse trade balance grew about £3,000,000 monthly in 1934. “If the tendency persists it may grow another £3,000,000 in 1935 which would lower the value of currency and increase the cost of living. Britain could live with only half the manufactured imports at present received which would decrease outgoings by £80,000,000 yearly, making us a creditor nation. The Government should immediately enforce the reduction of imports and prepare a counter to increasing Japanese competition, especially textiles, and also challenge Socialism and reinforce, the front bench, otherwise it will lose the next election which will be fatal to constitutionalism.’

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19350107.2.50

Bibliographic details

Nelson Evening Mail, Volume LXVI, 7 January 1935, Page 3

Word Count
156

DISQUIETING SYMPTOMS Nelson Evening Mail, Volume LXVI, 7 January 1935, Page 3

DISQUIETING SYMPTOMS Nelson Evening Mail, Volume LXVI, 7 January 1935, Page 3

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert