“AMERICA UP AGAINST IT”
EFFECTS OF DEPRESSION - MR. THOMAS GIVES WARNING \ . ■ TIME TO DROP-PESSIMISM ISOLATION OF THE ORIENT 'A'' .■ • : ■ 11 tA . . L/.-yC By T-'elegraph—Press Assn. —Copyright. • > London, Nov. 18. "Never in its experience has America been through what it will go through .in the next four months,” declared Mr. J. H. Thomas in dealing with the world depression at the American Chamber of Commerce luncheon.
“America is up against it, as well as Britain. The people are hungry and suffering because .overproduction has Synchronised with under-consumption. Russia, India and China, 47 per cent, of the world's population, are separated from, the rest of the world. They are neither -producers nor consumers. It is thqe to drop .pessimism. We can survive onlv by facing, the facts.” ,
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Taranaki Daily News, 20 November 1930, Page 9
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125“AMERICA UP AGAINST IT” Taranaki Daily News, 20 November 1930, Page 9
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