FURTHER FALL
NEW ZEALAND STOCKS * FEARS AROUSED BY SOCIAL EXPENDITURE PROGRAMME U PA—Bv Electric Telegraph—Copyright! LONDON, 23rd November. The “Daily Mail” says that New Zealand stocks, which have been increasingly weak since the election of the Labour Government, showed a further fall up to one point. Mr Savage’s statement of 23rd November that he would not decrease expenditure unless wages were reduced does not allay the fears aroused by the Government’s social expenditure programme. The statement of Mr Savage appears on page 14 of this issue under the heading “Appeal to Labour Federation.”
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Bibliographic details
Nelson Evening Mail, Volume LXXII, 24 November 1938, Page 10
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93FURTHER FALL Nelson Evening Mail, Volume LXXII, 24 November 1938, Page 10
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