“PROSPECTS BRIGHT”

Hawera Star, Volume XLVIII, 5 January 1929, Page 4

“PROSPECTS BRIGHT”

MR. COATES CONFIDENT. DOMINION IS CREDIT SOUND. “Our work has very largely' been unseen,” asserts the Leader of the Opposition, the Right Hon. J. G. Coates, in a speech at Dargaville when referring to New Zealand’s visible trade balance, which, he says, stood at £12,456,034 for the twelve months that ended on October 31. After recalling that he assumed the leadership of the Government at a time when tlie country was feeling the effects of the 1925 slump, and there was a visible trade balance deficit of over £5,750,000, Mr Coates concludes that today' “the financial credit of the Dominion is unassailable and never stood higher. The position of our produce in the world’s markets is most promising. Prices are good, and the prospects for the immediate future are rosy and bright. Results spleak louder than words, and if the solid and sound work effected by my Government during its trying period of office have been somewhat obscured to the electors at this time, I am confident that when the temporary mists of .controversy have cleared away, the verdict of the future will be that, in the tim e of trial, the Coates Government did its duty by the country without thought of party.”