ANZAC BREED

Poverty Bay Herald, Volume LV, Issue 17239, 21 April 1930, Page 13

ANZAC BREED

AUSTRALIA'S COURAGE LONDON TRIBUTE LONDON, pi'll o. ‘‘Alistl'iilia is facing ln’r fiiiiil crisis with cuurage unci uctoi'minatipu. this atone will J4O it lung way to i c eslnOJisti her credit, showing a resolul ion to. Wilanco her accounts and not slink the. s.ayritic« necessary to maintain the stability of her liuanees, says the I lines ill a, leading article. Recalling the reasons lur Ihe present difficulties, life Times adds: " I nere is no reason for pessimism. Australia s resources, licr 'jlunate, and her people s spirit, and vigor enable her to meet the crisis with unabated confidence m the, future, provided that her leaders are Sufficiently courageous lo take the necessary drastic measures. Mr. fckullin s Government certainly lias not been found wanting m this, especially in the fast boldest and most drastic step.” The Times, referring to Australian fears of captious criticism, says : " I here will be little of this in Britain, where it is recognised, even irmu the standpoint, of trade,' that Australia, should honestly attempt to live within her in come. There is also little tendency to lose sight of the broader consideration that, the linaiicial and economical stability of a, great dominion is of vital interest to the Empire. The setback to British trade must he accepted philosophically, and with the hope that- the emergency measures will speedily achieve their object and enable the resumption of normal trading.’

The Paris correspondent of the Times says that business men strongly disfavor t’ho Australian import duties and propose a retaliation, as many French exports arc affected out of a trade valued at £2.000.000 a year.