OPTIMISM IN AUSTRALIA.

Press, Volume LXVIII, Issue 20471, 15 February 1932, Page 9

OPTIMISM IN AUSTRALIA.

BELIEF IN QUICK RECOVERY. INSURANCE MANAGER'S TBIF. A growing optimism in the business and commercial- life of Australia was observed by Mr W. H, Cowper, general manager of the Liverpool, London, and Globe Insurance Company, who returned to Christchurch on Saturday ftfter a month's trip to Sydney and Melbourne. "Comparing this trip with my visit in April last year, I found a distincU.v brighter touo as -a result of the Federal - elections,'' said Mi Cowper. ''Politically, Mr Lang is still the bugbear of Australia, ana as has been indicated in the Press here, all kinds nf efforts are being made to unseat him. "Cheerful Optimism." "No longer does one hear the slump discussed in'tho street, and trhil© Australia is in a serious financial position, in common with all countries of thw wtyld, the business people with whotu 1 came in contact are i® overcome their difficulties, and eacu and every pne appears to be doing everything possible to meet tfae situation. With their usual cheerful optimism they wyre convinced that the time is not far off when they will turn the corner and be generally on the road to recovery." ~ The New Guard, added Mr Cowper, Was a remarkable organisation, whose activities wore only for the good- It was to bo regretted that their leader. Colonel Campbell, appeared to have become rather mora blatant than to desirable, and his followers felt that if he had been content to work an more silent lines, as at first, he weald kw« got on better.