VALUE OF OPTIMISM

New Zealand Times, Volume LIII, Issue 12566, 1 October 1926, Page 4

VALUE OF OPTIMISM

A BUSINESS ASSET The old marching song, “Pack up your Troubles in your old kit bag, and Smile, Smile, Smile” should non be forgotten in times of peace, judging by some recent remarks by Sir Harold Bowden of the Raleigh Motor Cycle Go., Ltd. In a recent interview in the “Daily News,” Sir Harold said: "I have just returned from America, where optimism is regarded as an indispensable commercial asset to a country overwhelmed by a pall of industrial gloom. One of tho fundamental differences between American business methods and our own lies in the fact that, while the American manufacturer acts on the maxim that supply creates demand, nere the tendency is first to make sure of the customer.” Sir Harold, lator in the interview, after referring to the effects of the coal strike in England, said: “If the individual worker cared more for his personal possessions he would, like the American worker, aim at buying his own car and bis own house, and have no time lor tin, rhetoric of his political misleaders. Optimism is infectious. Let our employers cultivate it, and thereby break into- that vicious circle of economic and psychological depression that is weighing us down.”