AUSTRALIAN TRADE
iTH E * EXCHANGE TOLL.
DECENTRALISATION WANTED.
Press Association—Copyright, i (Received 10.55 a.m.) Sydney, October 28.
Mr pratten, speaking at the annual dinneij of the Chamber of Manufacturers, said Australia’s economic position was not satisfactory. Exchange was taking a toll of the experts and giving a premium upon imports, The first sep to he taken, he was of opinion, regarding rectification of the present position, was to place some limitation on Government borrowing abroad, and make an honest attempt to pay interest on loans abroad out of our, exports instead of out of borrowings. •
Mr Fuller said the decentralisation of our industries into the country towns;was needed, but the.more important decentralisation was from the head of the Empire—forming her people and her manufacturing industries into a commonwealth. He said there was no use ■ in dealing with the question of migration with the trickle of people that was coming out to-day in connection with primary industries.
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Bibliographic details
Stratford Evening Post, Volume XXXXIV, Issue 4, 28 October 1924, Page 6
Word Count
156AUSTRALIAN TRADE Stratford Evening Post, Volume XXXXIV, Issue 4, 28 October 1924, Page 6
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