PRICES ON UP-GRADE

Northern Advocate, 8 June 1933, Page 5

PRICES ON UP-GRADE

OUTLOOK HOPEFUL. MINISTER OPTIMISTIC. KEEP ON PRODUCING. (Special to “Northern Advocate.’’) NEW PLYMOUTH, This Day. Optimism was the keynote of an address given by the newly-appointed Minister of Public Works, the Hon. J. Bitehener, in opening the Taranaki Aricultural Soeictv’s Winter Show.

“You can bet on one hopeful sign at present, and that is that prices arc steadily on the up-grade,” he said. “You may say they ought to be, but I thinß I am right in saying that a show movement upward in prices is best and healthiest.” It was tho same with meat and wool.

The Minister said prices' wore rising all the time. It must be remembered that some people said tho climax was reached regarding both production and consumption, but just after the Great War, when the country was overburdened with beef, it needed only a few vessels to take all the surplus away and prices went up and stayed up for a long time. It was the same with wool. Wellington stores wove completely full, but they wore soon emptied and prices rose again.

“We shall see an improvement before long,” Mr Bitehener added. “Economic conditions of tho world tend to show an improvement in every direction. You need not fear to produce too much, for there will bo a market for all you can grow. “The motto I would leave behind me is: ‘There are good times ahead,”’ said the Minister. “I am satisfied that if you take your courage in both hands and do not think that all is for the worst, but that there are better times in front for ns, Now Zealand will recover and will have a bettor race of men and women tor having put up with it.”