MORE SPENDING
HL TELL-TALE TRADE '•'■T RETURNS i; ■ . BUSINESS IN AUSTRALIA ' . ■ “If our trad© is an index of purchasing power—which I think it is—then, people are spending a little more this season than last season. I think there is more purchasing power and confidence than there was.” This was the opinion expressed by Mr. M. Tatham, 0.8. E., who arrived at Wellington, with Mrs. Tatham, by the Maunganui from Sydney. Mr. Tatham belongs to the firm of Cadbury Bros., England,. and h© has spent the last few weeks in, Australia on business. In England, he said, the situation wiis perhaps a little easier, with the latest unemployment figures better than they had been. This was born© out in a general way, he said, by the news he had Recently received from his firm saying th&ti they were “very busy in the factories.”
In Australia, also, his impression had been that things were a little better and that thefcft was more confidence. People there seemed' to agree that the country had passed through the worst period of the depression.
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Bibliographic details
Poverty Bay Herald, Volume LIX, Issue 17950, 30 November 1932, Page 11
Word Count
178MORE SPENDING Poverty Bay Herald, Volume LIX, Issue 17950, 30 November 1932, Page 11
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