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EXCHANGE PROBLEM.

(To the Editor.) gj r After reading your leader end views on exchange I felt much impressed. To my mind the remedy seems easy—and there need be absolutely no undue alarm with it. A we need is a “try out.” We still ha to go carefully, and on the following we could not lose much either waynamely, go up 5 per cent., making la■ per cent., say, for a three-months term; then drop 7 per cent, for the ensuing three-months term, making[it 8 nor cent. The records and ieturns should show us where we are and which is the belter over the two quarters. I am. etc., BELOHBB _ Hamilton, November 30, 1932.

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https://paperspast.natlib.govt.nz/newspapers/WT19321202.2.114.1

Bibliographic details

Waikato Times, Volume 112, Issue 18808, 2 December 1932, Page 9

Word Count
114

EXCHANGE PROBLEM. Waikato Times, Volume 112, Issue 18808, 2 December 1932, Page 9

EXCHANGE PROBLEM. Waikato Times, Volume 112, Issue 18808, 2 December 1932, Page 9