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PERIOD OF DEPRESSION PASSING REASSURING WORDS BY PRIME MINISTER That New Zealand’s period of depression is passing; that the outlook is brighter to-day than at any other time during the past two years, and that we can contemplate the future with confidence, was the reassuring announcement made by the Prime Minister when addressing a farmer’s gathering yesterday. “In my opinion,” said Mr. Coates, when addressing the annual conference of the New Zealand Farmers’ Union, “we have turned the corner and are improving our position every day. The outlook is infinitely better than it has been for the past two years. “We can look to the future with confidence,” added Mr. Coates, “and I think we can expect much better prices for our primary products. We must do everything possible to place ourselves in the position of being able to compete successfully with all countries with which we are in competition.” i
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Bibliographic details
Dominion, Volume 20, Issue 255, 27 July 1927, Page 14
Word Count
153CORNER TURNED Dominion, Volume 20, Issue 255, 27 July 1927, Page 14
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