“In times of crisis banks and bankers come in for some severe criticism,” said Mr J. S. Jessep, at the recent annual meeting of the Wairoa Farmers’ Co-operative Meat Company. “At the preseni*:time, however, New Zealand has reason to he thankful that our banks and - financial institutions have so conservatively conducted their affairs that they can stand up to the shock of such a tremendous drop in the value of our exports.'” He added that it appeared to him that with the fall in the value of New Zealand’s exports not sufficient money would be available to meet the country’s requirements and maintain the present standard of living, if such standard of living was to be calculated .only upon a money basis.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19301024.2.25.1
Bibliographic details
Waikato Times, Volume 108, Issue 18158, 24 October 1930, Page 3
Word Count
122Page 3 Advertisements Column 1 Waikato Times, Volume 108, Issue 18158, 24 October 1930, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.