CONFIDENCE AND PROSPERITY.

Hawke's Bay Herald, Volume XXX, Issue 9998, 24 May 1895, Page 2

CONFIDENCE AND PROSPERITY.

It la^gommqn by Ministers thaiVthe sp-ealledCorißer,va|ivo Press 1 has destroyed confidence hy persistent attacks on Government legislation and adminis- j 'Aafi-nV.jVathiog ijpu'ld' oe wi-eVoI; the I mark. ' ithen . pfplstera wildly ; de- j dounced capital' and capitalists and 'pro- j jected legislation against capitai the Con- | aervatlve" Press pointed out thab puch tactics must tend to destroy confidence, and thus deepen the depression, to'; the ] injury of those who depend pn their lpbor fpr'h'ii^ng. What .was predicted j has | been falfillfd to. the letter, s-iye.donobjpre-tend that these' threats or actual legislation can be held" responsible for the depression. It wprld-wide, or at feast lb exists river the" whole gold-nsing wprld, the only exception being the silver-using countries of ibe East. But our cour&e of legislation, actual and projected, has tended to deepen tbe depression by jpjßstr^in^ ..confid/3,n99 H ajready -ruiely ishakenj.ib.y .(.the-ioteanitoefcial . ontl >ok. Lord Salisbury, speaking at &*____( r of • bbc London Constitutional Clul a „87-r we f 8 . a RfNMW*.Hff_.! ele * ■j»9Ut ..of confidence, ,vOQ.i. thoi jipar i of --tfitalisrs aa _ai. '"-SS-iJiial-^fJMtor in the prosperity of. the. masses. Heii reported as sayipg ;— " What do you si c inthis oity ppy, l w _",qu see numbers oil* of employment^ Jonglng _fo.r_ employu snb, who, if tbey had employment wouli he. safe, they and their families, from the .--mldetbUartlpiesse* It_eih> howl On the other sl--i sSro_5 Sro_ see""m6'untains of ca iltal i longing fj_ htf .mrJlWfcl. __able on ace i_§__ of its abandonee to obtain even the minutest interest. Theae two atr .age phenome^^dejj^y^gide— capital w iloh longs to .b^-treed, and willing ha ids, which lonfg l 4s'_&(i.help of that capi. ,1 bo give themselves "to industry and gain i heir bread : .yetnibheiaiiia ntiwall between the bwo wbloh 'prevents" the ono from set jinb' )iheuom.BOTi,-jbnt i the l ''e«pl_unt.eh'afsthe .if -Jvil. I /mil;.'. i>j- 'iiiLMUliTi ii jjn.ccj.i * ipnlguift isitliab tfterfl.iawautoMpnßqence. ! »_ ._BI thab l b_e u du6y'Whioh'' 'i'i_ipd-e_ on Ijllli J».t;j' . jiii.h.-'^ iiiir-. ':^r-l 'iiio-.'mF- ■ every -}oy_l.,Bqhjeet„«poflTevery lovejr of his kinctyurxmievery good Christian, js to do''_H"taab he can thab this confidence may return. If once you set in motion all this industrial machinery that ia lying idle ; if you could turn on the stream of confidence ; If you could turn on by confidence .hd'+firesimW capital, so that all v t**e jpa^nef^, sbjuldV spring into jagtiop^-you {votjljl thep have a'retum of pro«p*eHllji. " CdtnthercSe' would llourlab again, -.feplbyraenli' would be easily fldu > ght,' ; wßg.»-''v66l_ , 'be. abundant, jand you would no" longer have men seeking in fantastic and.abijurd, quackeries. to 'procure a remedy- for the evils of wbichi the" true remedy liea only in their wisdomjand self-reßtralnt. And what all mußt dp. who hay -public affairs— especially allonwhom the teraptaiidn of agitation !.falls-*via 'to ilearn^that^notbing that you cSv J g_{n"'by agitation, nothing that you can gala by predatory policy, would In- any way 'compensate for what you Vduld lose. " If *you conld take away I all from bherrich; and fling tbat money to the poor, you "would not gain a hundredth ! part as" much as yon. would desrroy;and prevent il you spread abroad among those by wbdrti? «larj^ *a_d-' -small capital is possessed an. apprehension and a belief tha^._fe J »_ltfe.'.Of r tti..r j, dof_Jit , a l wilj be taken from tbem "by the hand of power, ! a is #H 'ftfiJr !wii',^oi);e , .''_„...!r^aij)ing . iw_at->i8 | !'theirr-'ow_''is, to"«abataiu : -' from , -ii-ii Jj'i'.ii'j ou,' aj vatt „i(jr)tr_ om,,'; t<\t '.i 1 , venturing upon enterprises. Rodnep^cjalatlons of iudustry and trade." Tnese .thQughtfnLw-t-s -jare.ieyerj-jmore ajjpllI cable to New Zealand than to Englarid