"The country is passing through a stage of low prices, compared with a year or two ago," said the Hon. G. J., Anderson in opening the new: Borough Council chambers at. Mount Albert, Auckland. "We have been too extravagant, as a people. We have bought too many luxuries from abroad. When'in one. year we buy motor-cars and accessories valued at about £0,000.0C0 from a foreign country and require only about half of them for business pin-poses, the remainder being merely for joy-riding, wo must expect to run up against lean times. The country has to cut out a little of this foreign purchasing and it it does there is not- a doubt we will be prosperous immediately after.''
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Bibliographic details
Poverty Bay Herald, Volume LIII, Issue 16373, 22 June 1927, Page 12
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118Untitled Poverty Bay Herald, Volume LIII, Issue 16373, 22 June 1927, Page 12
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