DUNEDIN CHAMBER OF COMMERCE.

New Zealand Times, Volume LXVIII, Issue 3505, 6 August 1898, Page 2

DUNEDIN CHAMBER OF COMMERCE.

By Ttlegraph.—Press Association. Ddnzdin, August 5. The annual meeting of the Chamber of Commerce was largely attended. Mr Q. L. Denniaton, the retiring president, who was re-elected for the third year in succession, exhaustively reviewed the commercial position of the provincial district and the colony. He remarked that the country is at the present moment extremely prosperous, . and while wo have seen times when money could be more rapidly made and industrial profits perhaps "were higher in some cases, he questioned if for _ Vrry many years New Zealand _ had enjoyed sounder trade, or her inhabitants, both of town and country, had on the whole been more comfortable. Referring to State fire insurance, he said be thought it an unwise and dangerous thing for any Government—to enter into a business involving such immense money issues, and one surrounded by so many intricate conditions and subject to so many risks. On the subject of defence, after referring to the lessons of the present war, he said that there was email probability of powerful enipe finding their way here, but it was none the leaf their clear duty to prepare as beet they might, and the measures now being taken by the Government were none soo' early and none too vigorous. ' ’ ‘