BRITISH INDUSTRY
BUSINESSMAN’S IMPRESSIONS An impression of British industry •gained during a visit to the Old Country by Mr R. Wimberley, of the National Electric Company, Wellington, who returned by the Ruahine, i'vae that all the factories appeared o be too big. The trend seemed to bo towards smaller concerns. Speaking of the electrical industry, in which he was particulalry interested, Mr Wimberley said that most of the factories appeared to be pretty well empty. There were pradically no foreign ■orders.
At present, the British export business appeared to have come to a (standstill, and the only market that manufacturers had in view for some time .was in South Africa. In South Africa, her remaining on the gold standard had given her importers an advantage over those whose countries had gone off gold, and the Government was undertaking fairly extensive development ■schemes there. However, many factories appeared to lie optimistic, and it was generally felt that things would improve. ■
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Poverty Bay Herald, Volume LIX, Issue 17957, 8 December 1932, Page 9
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159BRITISH INDUSTRY Poverty Bay Herald, Volume LIX, Issue 17957, 8 December 1932, Page 9
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