VITALITY OF INDUSTRY.

Manawatu Standard, Volume LIV, Issue 50, 27 January 1934, Page 6

VITALITY OF INDUSTRY.

From every corner of Britain reports are being received in the main centres that the trade revival'has not only-begun but will continue. The feeling that “it seems too good to be true” which permeated some of the manufacturing industries several months ago when this revival began to manifest itself has given way to a wholehearted response, and on every hand there is splendid testimony to the present vitality of which we have had frequent cabled reports. It is less than a month now* to the opening of the great British Industries Fair in London and Birmingham, and if further evidence were needed of the return to better times in the Mother Country’s manufacturing trades it is to be found in the preparations for this event. One instance is that four months ago one section had allotted more space than at the 1933 Fair, which itself was larger than any of its predecessors. To cope with the demand for accommodation, which is steadily growing beyond that of'earlier years—a very dependable barometer of trade conditions—extensions to the buildings have been found necessary more than once. Because it is representative of almost the entire range of British manufactures, the Fair is regarded as an index to the condition of British industry generally. Exhibits include not only thousands of manufactures from the Mother Country, but also primary products from the Dominions and Colonies. Even the great services such as banking, insurance and shipping are now represented. With the lowering of production costs, improvement in technical methods and prices made more competitive than ever, the leaders of business enterprises are keenly making every effort to show that Britain has not allowed the cobwebs of depression to dull their ability to rise to the occasion when a renewal of better. trade offers. The coming Fair is expected to prove that the revival of trade is here to stay, and with the indications already noted in the cabled reports of revenue returns, -business and manufacturing development and banking statistics, its success will be noted with considerable gratification.