A REFRESHING STORY

Taranaki Daily News, 13 June 1932, Page 9

A REFRESHING STORY

BRISK BUSINESS IN BRISBANE.

AUSTRALIA’S BRIGHT OUTLOOK.

Mr. Walter J. Watson, a well known Christchurch 'business man, brings back from a recent trip to Sydney and Brisbane, says the Times, a story refreshingly different from those of the people who can see nothing but gloom on the other side of the Tasman. “Business is brisk in Brisbane,” said Mr. Watson, on his arrived at Christchurch on Thursday. They did not feel the depression there to the same extent as it was felt in Sydney. But even in Sydney now the outlook is decidedly optimistic. The Stevens Ministry has been in office only a short time, but already it has built up a favourable record of service to the State. Work is being found for 30,000 men immediately. A good indication of recovery is furnished by the fact that the Standlard Portland Cement Corporation is reopening its works straight away, and will absorb another 250 men. Shopping concessions have been restored on the trams, and notices ordering retirement to 900 Civil Servants who have reached the age of 60 have been withdrawn.” Ono Sydney man, Mr. Watson stated, had sent the Government a free loan of £5OO. He had said that it could be treated as an advance payment of income tax. All the big stores in Sydney and Brisbane were crowded with people.