GAUGING CONDITIONS OF THE COUNTRY
BANK' CHAIRMAN'S ADVICE IT IS THE AVERAGE THAT 'flAB TO RE RECKON ED WJTH ; j (Special to Mail) WELLINGTON, This Day. In his presidential address at the annual meeting of the Bank of New Zealand at. Wellington this afternoon, Sir George Elliot said : —There is, unfortunately, in the Dominion rather a tendency to tal:e a gloomy view of the situation whever a set-back is experienced, and also a tendency to become extravagant when limes are good. Ups and downs are inevitable—it is the. average that has to be reckoned with. To gauge truly the conditions of any country, one must lake a long period of lime into consideration. In the case of our own country, looking back over the years, one cannot but be deeply impressed with the steady march of progress and prosperity. Although for the moment that march has somewhat slackened, there is not the slightest doubt that in the comparatively not distant future it will be. renewed and quickened with fresh life and vigour.
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Nelson Evening Mail, Volume LXI, 18 June 1926, Page 6
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172GAUGING CONDITIONS OF THE COUNTRY Nelson Evening Mail, Volume LXI, 18 June 1926, Page 6
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