The Hutt News THURSDAY, DECEMBER 11, 1930. BRIGHTER TIMES.
In the opinion of those well qualified to judge the signs of the times there are at present marked indications of an improvement ahead;' and while so far markets are still depressed, more especially in. regard to our primary products,, there is t every reason to hope for an improvement in the near future. There are quite a number .of reasons for the slump which has ' recently been in evidence in connection with our dairy products; greatly increased competition amongst the producing countries supplying the London market being perhaps one of the most serious. But at long last those most heavily interested in the marketing of our bu,tter and cheese are getting together with a view of putting an end to the present state of affairs, and we learn that ere long more reassuring tidings will reach pur primary producers ,hi respect to current prices. Faint though the indications are up, to the present time, there is observable a somewhat better tone in the wool market, and in the opinion of the lead- . ing representative buyers there is evidence that the worts is over, i For the past few weeks there has been a more optimistic spirit prevailing in the commercial world, a more cheery note, and in matters financial there appears to be signs that the "bull" element is preparing to giv& battle to the '' bear party. In this as in everyother young country we are, have been, and shall be, subject to these cycles of depression; we have met them before with a brave face and cheerful mem, with a full confidence that brighter times will again return. And it is well that it should be so, for the pessimistic calamity monger never did any good for himself or anyone else. j The brave-hearted and cheerful optimist, 'Who has plttck and con- ; fidenee in his own good work, and the marvellous fertility of his home land is of infinitely more ser vice to himself and his fellows than the growsing pessimist, who instead of facing the position resolutely and doing his utmost to mend matters, stalks gloomilythrough the land screeching 'Woe Woe! Bankruptcy! Moratorium! Black Ruin!' and the allied catch phrases of the professional calamity prophet. Not that these clismallists are by any yneans in the majority; that is by no means the case. The"lion-hearted pioneers who founded our nation, and the sturdy and resolute s^ock they left behind when they passed on are not built that way, they preferVthe 'jubilant and triumphant psalms .of David to the distressful croakings of the modern imitator of the dismal Jeremiah. In the opinion of recent visitors to the Dominion both the agricultural and pastoral industries are in a most advanced position, and the enormous strides that have marked their progress of recent years, as shown by the annual statistical returns, is little short of phenoiminal, The primary producer, has called to his aid the assistance of the Department of Agriculture and tlie enormous resources of the" Department of Scientific Research and th.c results, have been well and tersely described as' "an eyeopener. '' And Lord Barnby, who recently expressed that opinion is a man who knows, and certainly as one of the leading commercial ! and technical experts in the world jto-rday, his opinion carries more ! weight than that of any calamity i monger. The producers of this land have had their troubles before, and doubtless will nave them
again, but they will meet them as the worthy sons of worthy sires have ever done, and not be found crawling, hat in hand, begging the Government for grants, subsidies, and assistance generally to meet troubles which they encounter in the ordinary way of a farmer's business. Better and better times are coming, and coming soon to the joy of the optimist and the profound dismay of the pessimist.
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Bibliographic details
Hutt News, Volume 3, Issue 29, 11 December 1930, Page 12
Word Count
645The Hutt News THURSDAY, DECEMBER 11, 1930. BRIGHTER TIMES. Hutt News, Volume 3, Issue 29, 11 December 1930, Page 12
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