NEW ZEALAND'S FINANCES.

Bush Advocate, Volume XXI, Issue 301, 24 June 1909, Page 5

NEW ZEALAND'S FINANCES.

Press Assn — By telegraph — Copyright. SYDNEY, yesterday. The- . "Sydney Morning Herald," commenting on Sir Joseph Ward's reported interview, says:'- — "We scarcely need Sir Joseph Ward's assurance that New Zealand is sound. Her production this year has been greater than ever, and there is no reason to apprehend that there will ho any serious halt in its steady expansion for an indefinite number of years to come." . The Herald adds:— "The fact that the drop in the value of the chief product, wool, should have given tho country such, a severe shock, is the best evidence wo can have- that there was undue inflation of land values."