MORE SPENDING.

Waikato Times, Volume 112, Issue 18808, 2 December 1932, Page 3

MORE SPENDING.

TELL-TALE TRADE RETURNS. BUSINESS IN AUSTRALIA. “If our trade is an index of purchasing power—which I think it is—then people are spending a little more this season than last season. I think there is more purchasing power and confidence tiiat there was.” This was the opinion expressed to the Wellington Dominion by Mr M. Tatham, 0.8. E., who arrived by the Maunganui from Sydney. Mr Tatham belongs to the firm of Cadbury Bros., England, and he has spent the last few weeks in Australia on business.

In England, he said, the situation was perhaps a little easier, with the latest, unemployment figures better than they had been. This was borne out in a general way, he said, by the news tie had recently received from his firm saving that they were “very busy in the factories.” In Australia, also, his impression had been that tilings were a little better and that there was more confidence. People there seemed to agree that the country had passed through the worst period of the depression. In a final remark, Mr Tatham said that just before leaving England lie had spoken to Mr Clifford Ball, the earillonist, who came to Wellington for the opening of the Memorial Carillon: “lie was delighted with Wellington.” said Mr Tatham, “and full of gratitude for what everyone had done for him.”