OUTLOOK BETTER

Wanganui Chronicle, Volume 76, Issue 302, 22 December 1933, Page 6

OUTLOOK BETTER

SAYINGS OF THE DAY VIEWS OF PUBLIC MEN. REASON TO BE HOPEFUL. There is concrete reason for the rank and file of the public to feel more confident approaching the dawn of ,1934. Men in public positions, whose duty compels them to look ahead and plan, are all united in the opinion that prospects have improved. And so, at the close of the old year, unlike tlr conditions ruling when 1932 passed away, there is more than a glimmer of brighter days to come. Here are the views of well-known Wanganui citizens: The Mayor (Mr. N. G. Armstrong): “Thc outlook is certainly much brighter, and there is every reason for people to look to the future with confidence provided they heed the lessons of the slump.” Mr. W. Morrison (chairman of thc Wanganui Harbour Board): “Prospects are much brighter than they were this time 12 months ago, and we have every reason to be optimistic.” Mr. Duncan Mackintosh (chairman of the Wanganui County Council): “Farmers have realised much more for their wool and lamb than ever they expected. Things arc much brighter.’ ’ Mr. Alex Stuart (M.P. for Rangitikei): “Approaching the end of 1933, people are encouraged by the of better times. I think we can all look forward to the passing of thc depression with the passing of thc old year.” Mr. David McFarlane: “The position has decidedly improved. The outlook for wool is one that every citizen of Wanganui is interested in, and we only need to study the opinions of those who know something about wool to be assured of the prospects. Mr. H. Dawson, a former president of the British Wool Federation, and head of a large Yorkshire wool firm, says: 4 My advice to the farmers of New Zealand is to go on growing wool. Prospects have never been sounder or more hopeful, especially for the qualities of w t ool produced in New Zealand.’—That opinion is reflected in the improved business done in Wanganui during rhe last three months. ’ ’ Mr. C. L. Duigan: “The outlook is definitely better and I think we may expect improvement next year, but the heavy burden of Government and local taxes must be lightened before normality is reached.” Mr. A. S. Burgess (president of the Wanganui Chamber of Commerce): “The price of wool is getting back to irs pre-war level, at which it was stablised for some years. Lamb and mutton .have improved and the outlook generally is very much brighter. It is my opinion that the price of butter will not remain where it is very long. Thc most pleasing sign we have is the rapid decrease in unemployment in the Old Country. When the Mother Country is back to normal we can expect the same. The signs have never been better during the past three years.’ ’ Mr. Hope Gibbons: “The general outlook has altered for the better, certainly 100 per cent. All of our primary products, except butter, have gone up and probably we are exporting eight on nine millions more than we did before. My opinion is that the producers have every confidence in the prospects for the future. What we all must have is confidence in one another.” Mr. P. E. Tingey: “I feel convinced that thc high exchange has been a contributary factor in the rise of the business graph, a decided improvement manifesting itself before the rise in wool prices. As regards thc outlook, I feel confident that the coming year will be a decided improvement on the past, but to express an opinion beyond that, owing to the vast fundamental changes that are now taking place in the basic structure of tho world’s credit institutions, would be altogether problematical. New Zealand will have to adjust its own internal price levels on the marvellous wealth it produces so as to be abe to let its people "fterive the economic benefit they need and de-