HIT BY DEPRESSION
COOK ISLANDS' PLIGHT FAILURE OF MARKETS (P«r Press Association.l WELLINGTON, this day. Interviewed on his arrival from Rarotonga to-day 'by the Makura, .fudge A. F. Ayson, Resident Commissioner, said the Cook 'lslands had been hard hit by the depression, and conditions were still causing some anxiety.
The bottom had fallen completely out of the copra market in the past four years, and the price was still unpayable to both producers and trading firms. It was problematical whether the recent small advance in the price in London would be maintained. If the embargo on Australian fruit -entertering Kcw Zealand was not removed, it was hoped to receive payable prices this season for Cook Island oranges. The prospect, had encouraged considerable expenditure in the scientific cultivation of. plantations. flood progress continued to 'be made regarding educational matters. There were now upwards of 2:"500 pupils in 25 schools throughout, the group. Tropical diseases were now under control, and the general health of the natives had greatly improved since New Zealand assumed responsibility for the group. ■
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Bibliographic details
Poverty Bay Herald, Volume LXII, Issue 18622, 5 February 1935, Page 11
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175HIT BY DEPRESSION Poverty Bay Herald, Volume LXII, Issue 18622, 5 February 1935, Page 11
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