GENERAL ASSUMPTIONS
(WENERAL assumptions are not necessarily true because they are general. An illustration of this has been brought to light by the operation of the N.R.A. in applying a code to the automotive parts and equipment manufacturers. The group concerned with the draft of that code desired that the individuality of that industry should be officially recognised and not be regarded as auxiliary to motor-car manufacture. For this purpose they contrast the production of the two industries during 1932. As compared with 1928 motor-ear production was only 32 pei' cent, in 1932, and as compared with 1929 only 26 per eent. Parts and equipment production in 1932 represented 61 per cent, of the 1928, and 53 per cent, of the 1929 levels. Had the motor industry been the only customer production would have shrunk proportionately in both industries. It did not do so because the largest volume of business comes io equipment manufacturers from private car owners.
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https://paperspast.natlib.govt.nz/newspapers/WC19331204.2.32
Bibliographic details
Wanganui Chronicle, Volume 76, Issue 286, 4 December 1933, Page 6
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158GENERAL ASSUMPTIONS Wanganui Chronicle, Volume 76, Issue 286, 4 December 1933, Page 6
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