NEW ZEALAND WILL EMERGE FIRST FROM DEPRESSION.

Horowhenua Chronicle, 13 September 1930, Page 8

NEW ZEALAND WILL EMERGE FIRST FROM DEPRESSION.

LORD BLEDISLOE’S OPINION. HIGH PRAISE FOR C.T.’s WELLINGTON, Last Night. Expressing himself' as a profound optimist. as far as Hie destinies and prosperity of Now Zealand were concerned, the Governor-General affirmed his opinion that with such great assets as this country possessed it would emerge sooner than any other from the present period of depression. When speaking at a smoke concert staged by the Wellington Commercial Travellers t«ind Warehousemen’s Association this evening his Excellency had high words of praise for the various philanthropic works performed by the association. His Excellency said the aims of the association were to promote harmony, social intercourse and the integrity and good name of the profession, and last but not least to promote philanthropic work. This latter work was deserving of the respect and gratitude of all their fellow countrymen as well as members of the association for the generous support that had been extended to many national and philanthropic movements. The volume and variety of the, association’s work would be hard for any other organisation to emulate or at least to surpass. “If one man suffered all the others suffered with him, ’ ’ and this he suggested, was a text above all others that every man, woman and child in the Dominion would have to make a guiding rule of their lives during the next two or three years. Thrift also would have to be practised. We could not afford to abandon the habit of thrift which had made the old pioneers the human success they were. “There are a few ‘clouds scudding across the sunshine of our commercial and industrial prosperity to-day,” his Excellency said, “ but so far as this country is concerned I am a profound optimist. As time goes on you will find that the qualities inherent in the best type of New Zealander and the great assets you have in your incomparable climate and potentially fertile soil will enable the Dominion to emerge sooner than any other country from the temporary* slough of despond. ‘‘Pessimism is said to be the handmaid of national decay,” he said. “Might I suggest to you all,” his Excellency concluded amidst laughter, “that in these hard times'when money is not . too plentiful that you all take care to see that the purchasers get good value for their money. My own commercial experience is that what is cheapest is not always best value either in goods or in brains. If you want the best you must expect to-day a reasonable price for it.”