AFTER THE WAR.

Feilding Star, Volume XIII, Issue 3276, 26 June 1917, Page 4

AFTER THE WAR.

A FAVOURABLE OUTLOOK FOR TRADE.

SIR JOSEPH WARD'S VIEWS

(Per Prtas Association.) Auckland, Juno '25. Reference to the financial market and tho prospects of ohonp money iiftiu- tho war was miule by Sir Jo soph Ward at tho luncheon to-day. Referring to tho pending war loan, he .said that a lnrge sum would bo lU'cossary, ami he appealed to liusiness nu'ii in their own iuteiesta as well as those of the State not to {insist nuy movement for raising rates of interest to an abnormal extent. Tho kudo conditions of the Dominion alter tho war wero likely to be very favourable. Thero would bo much to do in rebuilding tho devastated countries find in transferring men from the Old Counlry, ami he hoped all the Dominions. Contracts tor enormous amounts li!>d already been entered into by tho British Govornnient. " I do not believe we are going to have a light ma.rkot for h.ng after tho war," he said. " WiUun two years' after the war's end wo are goiiig to have olioan money. Some pooplo think olherwiw, but I do not. People in t.he Old Country who before tho war invested millions niul millions lin Germany and other Continental countries, would require an outlet for their capital. These people wero now providing over 450 millions of now money for fresh investment. After t.lic war there, would be no great nnvios to bo built or great armies that the exigencies of the groat war had'; necessitated. * New Zealand had provided during Mio last throe years tho w?r and other purposes no less Hum twelve to ■fifteen millions. AltoEotlior tho prospect for the successful conduct of Now Zenlnrid's otxlinary iiffairs wore very bright indeed."