LOOKING AHEAD

Otago Daily Times, Issue 22399, 22 October 1934, Page 8

LOOKING AHEAD

POWERS OF RECUPERATION FUTURE OF DOMINION ASSURED (Per United Press Association) CHRISTCHURCH, October 21. Confidence in the ability of the people of New Zealand to face the difficulties of the present crisis and eventually to solve them was expressed by the Prime Minister, Mr Forbes, in a speech at the Woodcnd School diamond jubilee on Saturday. " We are not the only country in the world in financial trouble," Mr Forbes said, " but we have one great avantage in that we are of British stock, and the finest quality of the British race is steadfastness in the face of difficulties. Ours is only a temporary problem, and it will prove not beyond out power to solve." In 60 years, Mr Forbes continued, by sound and faithful work a country had been built up of which all might be proud. But the problems of the past had presented a far easier task to those in administrative positions than the problems of to-day. The early work had been the development of production, and, though there had been occasional fluctuations in prices, there had always been some outlet for the goods produced. Today we found our principal market, the United Kingdom, supplied by every country in the world and in a state of glut. " But there is one thing we can do," added Mr Forbes. "We can get our products out of the ruck and into the forefront as regards quality. There is always a market for the very best product. That undoubtedly is the way open to us. In the meantime we have to do our best to carry on the services of the country with a diminished revenue, though with the improved prices for wool and meat we have been able to produce a Budget of which we are not ashamed. If you look at the conditions in other coutnries, you will find that in comparison with them we have something in which to take consolation."