BRIGHT OUTLOOK.

Hawera Star, Volume XLVII, 15 August 1928, Page 9

BRIGHT OUTLOOK.

I DAIRYING EXPORTS. GOVERNMENT ASSISTANCE TO FARMERS. lie. erirng to the position of affairs i i tiie Dominion, Sir Harold JJeuu(hyinp, at Auckland, said thiit tile dairying outlook was very good, and the value of the exports of that industry in the 1928-29 season should approximate £19,000,000, while given good climatic conditions in the next : ring year they should touch £20,hi).)',;', marking a notable achievement in primary'production. - ii- Harold expressed his pleasure at noticing the disposition on the part of t ie farmers to work smaller areas with striking results in the improvement o ~te land, while the selection of a bett w type of dairy animal was tending to aii improved economic result. Yet everywhere there were too many farmers content to work for a bare existence alter paying interest on the capital instead of aiming at and budgeting or a surplus each year with the view to extinguishing their liabilities. The great consideration extended to the armors by the leading institutions oi Ii ■ Dominion was all too little appreciated, he said. Sir Harold cited exinplos of farms, some Crown land and s me land held in fee simple, east and west of the Wanganui River, where ocwpters of only a few years’ standing •:n| had their mortgages written down Vi lav 00 per cent., and all arrears of interest written off. The Government also in an effort to keep men ,on the land, had in other cases revalued liberally. remitted arrears of rent, and lifted all rent charges for five or seven years to come. “I do not think that is sufficiently appreciated by the pubic. which has heard so much about the poor farmer for whom, infact, we all lime the greatest sympathy,” reniarke.l the banker. “I question whether there are more than 10 or 15 per cent of the farmers of the Dominion who are in queer street. The great bulk of them, owing to the good prices realised in recent years, are in quite a satisfactory position. Those who aro expressing disappointment at the result of their applications made for advances to the rural intermediate credit boards are, I think, of the class that is not entitled to legitimate accommo'l.iion. There is ample money available for them and everyone else and for all descriptions of enterprises which oiler proper security.”