BUSINESS IN WAR TIME.

Poverty Bay Herald, Volume XLII, Issue 13602, 6 February 1915, Page 8

BUSINESS IN WAR TIME.

f; : ■ ■■: (Special to Herald.) ': • CHRISTCHURCH, this day. j In the experience of some firms war time is proving less disturbing than strike time was. It is .reported that whilst payment of rents was - suspended by workers for. a period during the big strike, rents are being paid With due regularity at present. As to debts it is alleged that much consideration is being shown by creditors, and in many instances whero under normal conditions debtors would be sued no action of the! kind is being taken. Generally it • is ! believed that the war has had a steadying effect on domestic expenditure, especially in respect to luxuries. It is interesting to note (says the Evening News), that, according to some, business in Ghristchurch is on a somewhat sounder basis than in Wellington, in which city it is alleged the custom of living beyond one's income is more prevalent. In support of this- contention it is asserted that approximately only 20 per cent, of Wellingtonians could liquidate- their indebtedness if called upon "to do so. This is probably somewhat exaggerated, but it is likely that it contains an element of truth.