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A GAMBLE.

FOJI MEN WITH MONEY. Per Press Association. CHRISTCHURCH, July IG. The Hon. T. McKenzie does not regard in a very serious light the statements made recently that New Zealand farmers aro migrating in - large numbers to Australia. He told a reporter to-day that as far as he knew the farmers who were leaving the dominion were for the most part men who had done remarkably well here and who say an opportunity in Queensland for making investments, which if the seasons were good would give them a splendid return. "I do not at all regard the position as an exodus of farmers. It rather points to the fact that there is such an accumulation of internal capital as I might say, that it has enabled people to make investments in undertakings in other countries. They are not all successful. . Another complexion can he placed (in the question ')v the circumstances of a man I know. He struggled on Queensland farms and hoped against hope for four or live years; finally owing to drought he ,lost his' two properties and really his own life. The following season proved to he a good one and money is now flowing into those who have his properties. It is a gamble, and it is only those who can afford to gamble who should outer into the game. There does nob seem to be .anything much in the cry of'a new "xodus; that, at any rate., is my opinion."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19090717.2.45

Bibliographic details

Timaru Herald, Volume XIIC, Issue 13957, 17 July 1909, Page 6

Word Count
246

A GAMBLE. Timaru Herald, Volume XIIC, Issue 13957, 17 July 1909, Page 6

A GAMBLE. Timaru Herald, Volume XIIC, Issue 13957, 17 July 1909, Page 6