WAGES AND TRADE
Sir, —Will your correspondent "Pekau" kindly explain how the raising of wages to a level higher than the worker is able to earn is going to increase the amount of money in circulation ? The amount we have to spend would seem to depend mainly on the amount of money received for our surplus produce sold abroad, and, seeing that the sum now received is only about half what it used to be, it is little wonder that the people as a whole have less to spend than formerly, and no amount of juggling with that amount will make it hny larger. Rustic.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19330531.2.173.3
Bibliographic details
New Zealand Herald, Volume LXX, Issue 21505, 31 May 1933, Page 15
Word Count
105WAGES AND TRADE New Zealand Herald, Volume LXX, Issue 21505, 31 May 1933, Page 15
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in