RATE OF EXCHANGE
FARMERS URGE INCREASE • (Pur Press Association.) 'CHRISTCHURCH, lasi night. “That this executive of the Farmers’ Union urges the Government to take immediate steps to remedy the present lack of balance between money and prices which is exhausting the country, by raising the rate of exchange on London at least a further 30 per cent., tliip being the only remedy in sight to save the Airhole country from bankruptcy.’.’ The foregoing resolution was carried to-day at .a meeting pf the North Canterbury Farmers’ Union. A further resolution that the Government should take over the responsibility for fixing the rate of! exchange, was also carried. HARBOR BOARD’S PROTEST (For Press Association.) WELLINGTON, this day. On (lie motion of the chairman, Air. G. B. Norwood, the Wellington Harbor Board passed a resolution last (‘veiling opposing any artificial alteration to the exchange rate. Mr. Norwood’s motion met with some opposition from i Messrs M. A. Elliott and W. 1,. Fil/.Herbert., two country members, who thought the board should not express an opinion: on the subject. The resolution Avas carried by a largo majority,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19321124.2.121
Bibliographic details
Poverty Bay Herald, Volume LIX, Issue 17945, 24 November 1932, Page 10
Word Count
182RATE OF EXCHANGE Poverty Bay Herald, Volume LIX, Issue 17945, 24 November 1932, Page 10
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.