GOOD TIMES AHEAD

Gisborne Times, Volume LXXIII, Issue 11913, 6 April 1933, Page 3

GOOD TIMES AHEAD

SHEEP AND THEIR PRICE,

CONSOLATION OF HISTORY

Tlie people of older countries ore nob dismayed "by- temporary depressions because they have..centuries of .depression arid of prosperity behind ■them. This is a lesson that we should learn in New Zealand, for every slump has in it the seeds of recovery {says the "ILL. Herald”).

At Waiau hatclv an auctioneer, of. ‘•forinft a lino of 119 sheen and fail in a; to not a hid,' declared that he would ■take £1 for the lot. A bystander, who was not a sheen man, saw l T >e All an re of a speculation, and bought the line. He mid a drover to take the sheep to Hawnrdon, and. there paid Iflcj yarding fee, oxnecting to make a pound or t«’o on his bar pa in. The sheon were offered at auction, but no bid was forlbcomine-. Then the speculator, thinking that lie had perhaps paid enough. bogged the auctioneer to give the slmon away. No one could bo found willing to take them. This story is he nip related in Canterbury, we understand, with the comment that things wore never so had. but there never was a talc of the kind that could not be enopod with an earlier one, and the Wainu-Hnwnr-don storv is no worse than the storv fold by Mr. -T. T. Matson, who. at Raknia, knocked down a line of sheep to a farmer friend for less than the value of the tallow. The farmer protected that be did not want the animals and did not know what to do with them. "Take them borne and plough them in for manure,” was Mr Matson’s advice. Fifty years was the interval between these two stories, and 50 years ago men were saying that the world would never recover from the slump. Yet the half-century that followed included If) years of recovery and .°,n years of amazing prosperity.