VIEWS ON NEW ZEALAND.

Auckland Star, Issue 17, 21 January 1932, Page 11

VIEWS ON NEW ZEALAND.

AUSTRALIAN VISITOR. WAR MEMORIAL PRAISED. COINAGE AND NOTE ISSUE. (From Our Own Correspondent.) 1 ROTORUA, Wednesday. A visitor to Rotorua ie Major J. B Stand, a member of the New South Wales Legislative Council. He is in company with Mr. Waugh, Mayor of Albury, New South Wales, who is on a health visit. After a drive around Lake Rotorua on Monday Major Shaiul spoke enthusiastically of the marine drives he had seen in this country. He said he had delighted in the foreshore drive in Auckland, and admitted that they had nothing to compare with it in Sydney. II; was deeply impressed also by the grea i. War Memorial on Domain Hill. There was nothing in New South Wales to equal it. It was an inspiration. No one who entered the building could leave again without a feeling of gratitude fcr what had been done to perpetuate the memory of the men of New Zealand. Referring to commercial and political subjects Major Shand said he observed that New Zealand had no coinage of its own. He failed to see why we had private banks the sole right of note issue. The profit on this transaction should go to the Government s<" that the people would reap the benefit. The hacking of a private institution was not like the backing of a country. At a time of such financial stress the Government should take advantage or the income at present going into private hands. The close settlement of the country along the railway line from Auckland had impressed him as very fine. The farming industry appeared to be more stable here than in Australia, and what he had seen had made him think it was the real strength of our people. He was astonished at the magnitude of our imports and expressed the opinio; l that our manufactures could be largely increased owing to the splendid power for electrical development with which the country was endowed. So far as he had seen New Zealand he was charmed by the beauty of the T egetation. Money had been wisely spent on making roads to scenic attractions and he had no hesitation in piedicting a big future for New Zealand as a tourisf resort. When the depression had lifted there would be an influx of tourists to the Dominion.