IMPROVED CONDITIONS

Evening Post, Volume CXVII, Issue 106, 7 May 1934, Page 12

IMPROVED CONDITIONS

SELFRIDGE EXPERIENCE

Mr. H. Gordon Self ridge' (chairman and managing director iof Selfridge and Co., Ltd., London) ■ said the directors were able to. address shareholders in a more cheerful state of mind than had been possible for several years, because there had come to nearly every one in business in England during the last half of 1933 evident demonstration of generally improved conditions. Aside from .their own substantial increase in returns those conditions were showing themselves in various and many directions, such as in the manufacturing districts in the Midlands and elsewhere, in the country's exports, in the Budget surplus, in the daily and evident increase in numbers of transactions, and in the annual reports which had already appeared of distributive busiess. both retail and wholesale. ,

They had had-, three years of sagging business, but now things seemed to be definitely better, and trade and commerce, through their cm united efforts and without Government or other aid, were proving that the so-called capitalistic system, as the world had known it for hundreds of years, could and would rebuild the structure of business which the terrible war and great Governmental faults and errors had nearly destroyed.

-Canned roses are now being exported from California. Sprayed with hot paraffin wax''and packed mechanically in airtight containers, the delicate cuttings negotiate 3300-mile trips across the continent with.oiit injury.