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The Akaroa Mail. TUESDAY, APRIL 20, 1915. THE "RAINY DAY."

. » Though thu war has proved beneficial ] to New Zealand from a financial pom t

of view, and the farmers in particular have reaped a good harvest, there is much speculation as to whether that ' prosperity will continue. Tbe advo ' cates of the "rainy -lay" not far dis- ' tant have many supporters; but, ' judging by the experience of the ' Transvaal War, it seema likely that [ our trade prospects will continue to be : as bright as ever. Germany has lost an immense circle of trade, and tbe

feeling engendered by this war, as in the case of the Transvaal war, is for British reciprocal trade, The response by New Zealanders to tbe oall to arm. |in tbe Mother County brings us in | closer touch with the Imperial authorities, and mast extend our tradTopport'utiities. We believe the "rainy day" •uay come in the way of calls upon tb< purses of all New Zealanders, bu ! tbere seems no reason why a big slump in prices will come for some time. The mere fact of such a number of great producing countries being at war for a long period must result ir* a shortage of products, and this short age oannot be caught up for several years. In the meantime, the Allies at war are feeding their soldiers well, bu> when these soldiers are disbanded it follows that many of them will not live so well as they do while under tbf flag The war tax, which New Zea landers wilt have to face aooording t< tbe Prime Minister, will be a burden on certain sections of the community, and tbere seems no doubt tbe call)----must be heavy. Mr Massey, in an in terview with a "Dominion" reporter last week, speaks of the many calls in the near future:—"We have had many suggestions re garding a war tax," be said, "all o? tbem interesting, some of them in structive. I'cannot help thinking, however, that there are a good man* people asking for a war tax now wb< will be sorry when it arrives, Bn come it must when Parliament meet* New Zealanders have been wonder fully generous during tbe war period The patriotic Fund, the Belgian Fund, and all the other funds have quite properly been contributed to very liberally, but I must say tbat I should like to Bee more being done to meet tbe cases of distress that are certain |to ariee later. The Government will Ida its duty to the relatives and de pendents of soldiers who may be killed or disabled, buk in addition to wha the Government may be able, to do supplementary provision may be welcome and even necessary in many (3a.es lam confident that the pro. bability of such cases occurring has[only to b9 mentioned to remind oui . patriotic and generously inclined citi zen<* that the time is opportune to df somofching more in thi3 resppct tbar h'ifi been done up till the present," Do you think our present prosperity will continue? Mr Massey was a.keri "Principally on account of tb< war," be .aid, "the prices of ou staple produce are at present parti cularly go id. and in consequence tb< country is exceedingly prosperous But we cannot, expect such prices tc continue, and now is the time tr prepare as far as we possibly can for whut is very often referred to as c

rainy day."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AMBPA19150420.2.5

Bibliographic details

The Akaroa Mail. TUESDAY, APRIL 20, 1915. THE "RAINY DAY.", Akaroa Mail and Banks Peninsula Advertiser, Volume LXXIV, Issue 3451, 20 April 1915

Word Count
569

The Akaroa Mail. TUESDAY, APRIL 20, 1915. THE "RAINY DAY." Akaroa Mail and Banks Peninsula Advertiser, Volume LXXIV, Issue 3451, 20 April 1915

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