AMERICA TO-DAY

Waihi Daily Telegraph, Volume XXX, Issue 8494, 27 July 1933, Page 2

AMERICA TO-DAY

ECONOMIC CONDITIONS IN BAD WAY NEW ZEALAND’S VIEWS Interesting comment on presentday life in America was made by Dr. Ernest Beaglehole, who has just retprjied to Wellington after spending five years )!) America and England, mainly at the universities,

Referring to ,th.e shortage of money had been spent in all of the American universities, Dr. Beaglehole said that most of the mone yhad been spent in buildings, with the result that they were now finding it a problem to balance their budgets. With the attempt that was being made to have only one building for undergraduates at Yale and other big Aipprican universities, it was hoped to break pown the great importance which sport' at present had in American university life, (file American student, Dr. Beaglehole considered, was more trained in the field of facts than his English'contemporary, but there was not the same scope for individual initiative as there was in England. Concerning th eeconomic life in America, Dr. Beaglehole said that conditions were very bad at present, but hopes were held that President Roosevelt’s Industrial Recovery Bill would assist greatly towards a, recovery. Production had almost reached the 1929 level, but unless wages went up to ,increase the purchasing power improved conditions would not obtain. Unemployment insurance had helped things at Home, and in this respect England was leading America. At present relief in America was dependent pa private charity.