OUTLOOK BRIGHTER
CONDITIONS IN ENGLAND. WELLINGTON, .March 111. Although u wits obvious that England still had a great mini her °f ditficultios to overcome; Mr V incenl Ward ( who, with Mrs Ward, returned from a tluye months’ holiday itrip to the Homeland by the Bangiiane today, was ol the opinion that England was facing the position squarely, and with the more optimistic spirit now prevailing it seemed to him that England was on tin* road to economic recovery. In an interview, Mr Ward said that from a prominent London financial expert. he learned that New Zealand's credit, had stood remarkably well in the face of if he world-wide depression of commodity prices, lie was reliably informed that there wa s not the slightest evidenee of extensive selling on -the part of investors of New Zealand securities on account or the earthquake. The decline in price was in a measure due to the marking flown on the Stock Exchange, which was tlie .sounding-board of world opinion, and which took notice of every factor affecting securities. Mr Ward travelled extensively over England, and paid particular attention to the industrial it teas.
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Hokitika Guardian, 23 March 1931, Page 1
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189OUTLOOK BRIGHTER Hokitika Guardian, 23 March 1931, Page 1
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