VISITORS' OPINIONS

New Zealand Herald, Volume LXX, Issue 21398, 24 January 1933, Page 10

VISITORS' OPINIONS

LACK OF UNANIMITY

GENERAL GOOD DOUBTED VIEWS OF AUSTRALIANS "The increase in the New Zealand exchange rate will, I think, be good for the primary producers, but I do not think it will be a good thing for general business," said Sir James Murdoch, M.L.C., a leading Sydney business man, who arrived by the Monowai yesterday. Sir James said he thought it was time New Zealand paid more attention to developing its secondary industries. One result of the Scullin Government's action in placing prohibitive tariffs on importations into Australia was the consumption in Australia alone of 245,000 bales of wool. That was a point worthy of noto. "I think the increase in the exchange rate is a step in the right direction," said Mr. W. C. Douglass, of the firm of W. C. Douglass, Ltd., merchants and manufacturers, of Sydney and Newcastle, who arrived by tho Monowai yesterday. He said he thought the increase would prove beneficial, but that the benefits would come gradually. "Within the next 10 years Australia and New Zealand will become a great place on the map," said Mr. Douglass. "Depression is a thing which moves in cycles and Australia and New Zealand will prosper again, and prosper wonderfully. The great thing about this depression is that it has brought about a greater efficiency. England must get an adjustment of war debts and loans and then we shall move ahead to an immediate improvement." EFFECT ON TOURIST TRADE CHARM OF NEW ZEALAND " I think that if the recent advance in the exchange rate had been fixed earlier you would have had many more visitors, but tho move should certainly be of material advantage to your primary industries," said Mr. E. P. M. Sheedy, chairman of directors of the Newcastle Morning Herald, who arrived from Sydney yesterday on ( a holiday visit to New Zealand. " Tho great charm of New Zealand to most Australians," said Mr. Shcedy, "is, I think, that as a tourist, health and fishing resort it has a special appeal, especially at a time when Australians are glad -to get away from the hot weather. I must confess to being greatly impressed with New Zealand's publicity efforts, and I have come to see and to learn."