REVIVAL OF TRADE.

Poverty Bay Herald, Volume L, Issue 16607, 10 December 1924, Page 4

REVIVAL OF TRADE.

BOOM UN ThE CONTINENT

IMMINENT

DEMAND FUR FROZEN MEAT increasing.

-MB. JESSE P’S OBSERVATIONS

Mr. J. S. Jessep, of Hawke’s Bay, who ■S v.ie-cliainnan of the Meat Producers Board anu lias been on a health trip to ..lie Mother Country and the Continent, arrived at Ueliington on Monday (reports the Hawices Bay Herald). While id England Mr. Jessep spent Several weeks in London at a conference j .egardnig Heights. tie also travelled extensively in the central countries oi' Europe, visiting Austria, Czechoslovakia, v»crmany, Hoi,and, and Switzerland. He lound tnat the demand for frozen meat is steadily increasing. Tills is evidenced oy the ever-increasing shipments of frozen beef from the Argentine to the Continent. only wants a general revival of trade (soys Mr. Jessep; to lead to a .urge increase in the consumption of meat on tlie Continent, and that revival or ..ade seems to he very near. i’hc material Wealth of the Centra! European . outlines is clearly shown on all sides by > Hie wonderful crops and the manufacturing a. tivity to be seen on all bands. Tlie people Work long hours, the land is rich, and the natural resources ot the countries ace great. The only factors lacking are cred.tr facilities, and these are now being arranged. It loons as’.if a trade boom on the Continent is imminent.

In regard to the new contract with the slipping companies, with respect to the .arnage of refrigerated produce, Mr. ■Jessep said : ' 1 consider it was very wise .n tiie interests of the dominion to make a contract for the next three years. I'll© j.r.ces arranged p.ace the Dominion in A .omparativeiy rather better position than we occupied in pre-war years, tltut is as lompniea with ilie Argentine, oaf mam Amij.eiitof. lam strongly ot Uie opinion unit we should concentrate now oh Inc eilu-.eiicy amt the regularity ot Uio Miipp.iig service from Aew zeahuid to ibigiand. a last ami regular service can ohl j tie earned out by snipping ttetw aii.e to thoroughly cope with the trade, mid a is of paramount importance unit shou.il- do everything we possibly can to reduce the" time between New Zealand and her markets. This can be none' by giving the shipping companies a contract lor three years, thus enabling the companies to mane their plans to provide vessels for this trade which will ~ cat down tn© time. i hope to se© time reduced to thirty days from Weiitngton to London via Panama. Every-' thing points.to very good prices for New Zealand produce for some time to com©, ami it I may venture to give a word of advice to my fellow-farmers in the Domill.on, it would be this: That now is their time to reduce their liabilities and. own their own farms. We are enjoying an era of prosperity not dreamed of by oar fathers, and if %ve use the opportunity rightly th© whole farming community of New Zealand can get into a position in which they will not be troubling so much about the price of money. The outlook is decidedly good, but even high prices may be dangerous if people, ar© carried away with them. If the high prices of wool, meat, and dairy,produce lead to over-speculation and not to strengthening their position, the result may not be so beneficial lo the producers as they should be. It is to be hoped that the lesson of the past- few years will not he forgotten.” .Mr. Jesse]) said that there had been a very marked improvement in the handling of meat on the wharves in London since he was in England two years ago. He pointed out also that the increased imports of frozen ’beef to the Continent meant a better London market for New Zealand produce.