Good News
The Christchurch Press in an article on the state of the Colony writes in a very cheerful spirit. The editor says the commercial outlook, so long overoast, is decidedly brightening. During the last few weeks a much more hopeful tone has pervaded commercial circles, and what is more, there is rea«on f or believing that these anticipations are based on solid and substantial grounds. Not only has the colonj as represented in the Legislature resolutely set before itself the task of reeducing expenditure within its means, but the same process has been going on all over the country. In theii prirate capacity the taxpayers have been practising the too often despised virtue of thrift, and. generally all round there has been a vigorous setting of our house in order. While all this has been going on, the people have been more than ever active and industrious. The great natural resources of the country have been receiving the most thoughtful attention. Every new method of producing wealth has been carefully considered, 'Our farmers are discovering that with science and jndustry it will pay to grpyr wheat even at the prices lately ruling. They are, moreover, turning their attention to pther sources of wealth than simply that of wheaUgrowing, with the prospect that before long butter and cheese will occupy almost as prominent a place in the list of our -exports as dp wool and frozen mutton.. Then there is the marvellous development of the frozen meat trade. Frozen meat first appeared in our export returns in 1882, and such has been the progress the industry has made in the interval that it is calculated that during the year 1888 New Zealand will send away a million carcasses of sheep. Similar activity is being displayed in connection with the mining. Our coalfields are expanding at at a satisfactory rate ; and the introduction of new methods into gold mining is expected to give a fresh impetus to that great source of colonial wealth. In fact, in whatever direction we turn we discover evidences of progress, and but for the fall i a the prices of all 01 r staple productions, compared witu thus? rulii g some years ago, the depression.'Would loug ago have entirely - di«appßare^-
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Bibliographic details
Feilding Star, Volume X, Issue 25, 9 August 1888, Page 3
Word Count
374Good News Feilding Star, Volume X, Issue 25, 9 August 1888, Page 3
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