TRADE OF DOMINION
STORM WEATHERED REPORT TO LONDON (Elec. Tel. Copyright—United Press Assn.) LONDON, Sept. 30. The Trade Commissioner for New Zealand, Mr. Boulter, in his report to the Board of Trade, says: ‘‘The Dominion has squared up bravely to its financial difficulties and come through tlie severest depression in economic history most satisfactorily, and, as far as possible, weathered the storm by a policy of economy and self-sacri-fice without mortgaging the future.” The report gives the opinion that the prospects are promising, especially as tlie recovery of Britain is already making itself felt in New Zealand. The improvement of the Dominion’s export trade has given New Zealand 1 ladies a more liberal allowance of pin-money and shown an increase of £70,000 in ini ports of apparel, mostly for women. _ The increased imports from Australia and Japan are a matter for serious concern to British exporters, the depreciation in Australian currency giving the Commonwealth manufacturer an advantage over the British, which is reinforced by the geographical' position.
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Bibliographic details
Poverty Bay Herald, Volume LXIII, Issue 19134, 1 October 1936, Page 5
Word Count
167TRADE OF DOMINION Poverty Bay Herald, Volume LXIII, Issue 19134, 1 October 1936, Page 5
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