NEW SOUTH WALES
TOO MUCH BORROWING. COMMERCIAL LEADER’S ADVICE. (Press Association —By Telegraph—Copyright.) SYDNEY, April 8. (Received ApriJ 9, at 0.20 a.m.) At the annual conference of the affiliated Chambers of Commerce of New South Wales, the presidential • address was delivered by Mi Dunlop, who said it was essential that commerce and industry should be freed from the heavy taxation that was absorbing much money which should be available to private enterprise for reproductive development. He advised the Government to stop borrowing when it w Id be surprised how well and how soon the State would come to a wonderful prosperity. The railway goods manager, addressing i.ie conference, said it was going to be a difficult year to make the railways show a profit. Not only had the 44 hours week meant a deplorable loss, but the failure of the wheat harvest, which was first estimated at 56,000,000 million bushels and as now calculated to amount to 30,000,000 would mean a huge additional less in trucking.
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Bibliographic details
Otago Daily Times, Issue 19759, 9 April 1926, Page 9
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166NEW SOUTH WALES Otago Daily Times, Issue 19759, 9 April 1926, Page 9
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