NO PESSIMISM.

Auckland Star, Volume LXII, Issue 253, 26 October 1931, Page 5

NO PESSIMISM.

BUOYANCY IN ENGLAND.

After attending a convention- of more than 300 members of H. J. Heinz Company's British sales organisation at the Hotel Grand Central, in London, and interviewing heads of great •. industrial enterprises in that city. Mr.. Howard Heinz expressed his surprise because of the absence of pessimistic discussions in English business circles. Mr. Heinz is president- of the company, and the gathering of Heinz salesmen was the largest that ever assembled in r England. "During my visit to England," he said after his return to his headquarters at Pittsburgh, "I interviewed a number of business C leaders, and none of them intro-. duced the subject of the depression in Britain. ; ~

"I was impressed more than ever by | the great stability'of the British nation l and the way it is working out its tre-| mendous problems. England undoubtedly 7 has. many, trying months ahead of her, as her employment is growing slightly, but her citizens have their feet on. the ground arid their business leaders are apparently working and planning, instead of worrying!" My'views of our own British business are optimistic, for $he fiscal year just closed was the largest in our- history. We are again planning for the extension of manufacturing facilities at our London factory, and are increas- , ing our British staff, which now . numbers over 1200.