“At the present time the dominating economic question in England and Western Europe is that of unemployment, and attention is being concentrated on efforts to secure greater- price stability,” said the professor of economics at Canterbury College (Professor A. H. Tocker), who returned the other day from the International Labour Conference at Geneva (states the Christchurch Times). “To this end co-operation amongst the central banks of the leading countries is being sought,in order that a better distribution and freer use of the limited gold reserves might be secured. It is realised everywhere that if prices continue to fall it will be very difficult to avoid increased unemployment, whilst if prices can be stabilised a solid foundation will be given on which to base plans for the solution of the almost universal unemployment question.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW19300923.2.210
Bibliographic details
Otago Witness, Issue 3993, 23 September 1930, Page 49
Word Count
133Untitled Otago Witness, Issue 3993, 23 September 1930, Page 49
Using This Item
Allied Press Ltd is the copyright owner for the Otago Witness. 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 Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.