TIDE HAS TURNED.
.MURE INTEREST IN FARMING TU-DAY. (Special To The Times). WELLINGTON. Oc/fc. 25.. It is wonderful how with our intricate economic organisation enterprise quickly flows into any channel showing a reasonable chance of profit. For six years with the contraction of the margin of cultivation farming was unattractive. AVith lower land values and more and cheaper money and increased nett returns the tide has at last turned. The turn commenced eighteen months ago. Those who purchased then have done well for themselves. The tide flowed much stronger this winter. Mam- farms and areas in the hands of mortgagees or owners who had failed’ are now fast being taken up. Given another favorable season and satisfactory prices there will le quite a rush for any land wir'd) has prospects of a reasonable return. In Taranaki in the nineties it was interesting to see as fanners began through the inauguration of butter factories to do well, the manner in which lands abandoned by the settlers during tile Maori War and overrun for years with gorse were steadily taken, up. it was the gradual expansion of the margin of cultivation "that did this.—Hon. T. S. Weston at the annual meeting of the N.Z. Employers’ Federation.
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Bibliographic details
Gisborne Times, Volume LXVIII, Issue 10727, 26 October 1928, Page 2
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204TIDE HAS TURNED. Gisborne Times, Volume LXVIII, Issue 10727, 26 October 1928, Page 2
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