AUSTRALIA'S PROSPERITY.
HO FEAB OF A SET-BACK. XBASE WITH THE OCT PORTS. (Received 0.15 a.m.) SYDNEY, this day. Mr. Griffiths, Minister, giving evidence before the Increased Rents Committee, did that the rents were chiefly due to the increased price of labour and material s. The present prosperity was not ephemeral or extravagant. The product* of Australia received world-wide recognition, and the Commonwealth was merely beginning to realise a larger than of general prosperity. There might be a modification of prosperity, but never anything like the bursting of the land boom. Mr. Wilson, Trade Commissioner from Hull, said that he was greatly itruck by the phenomenal progress made by ! Australia. The producers must wake up. to the fact that another port besides London required their produce; otherwise they would ghit and spoil the market Thirty million people outside of London's area of distribution could be better and more cheaply reached from Hull and other out-pdrts.
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Auckland Star, Volume XLIII, Issue 57, 6 March 1912, Page 5
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154AUSTRALIA'S PROSPERITY. Auckland Star, Volume XLIII, Issue 57, 6 March 1912, Page 5
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