THOUGHTS FOR THE TIMES.

Hokitika Guardian, 19 September 1925, Page 2

THOUGHTS FOR THE TIMES.

Cnci.i: Sam Cumins lb- .Inns Hvi.i.. •'Since the World War the Cnited Kingdom lias made more real progress toward- a normal economic 1 1 1 <• limn has any other European combatant country. Ihe British problem is to -oek out llm.-e lilies of export business best lilted to tin- industrial

equipment oi tlic i■Hi ii t ry. and, il possible. the directions in which, in a comparative sense, compet 1 1 ion will he lhe least sever'-. There are indications that tile rush towards mass methods and standardised products. lon 1 1 iii old and new countries, will play into the hands ol those prepared to export goods whi, Ii do not heat that earmark. Tie advantages pns-

.-o.Nj.od by British iudu-lrv lor tintrade are nhviuii~. The entire mechanism ot British business grew up when many export markets were scarcely competitive at all. and lor a long time the Fnited Kingdom reaped the easy protils resulting from being lirst in the held of modern industry and commerce. Manufacturers, merclmills and hankers taee adjustments in outlook as well as in methods. Only hv hard work can waiting markets lie found and developed and only hv ndaplihilily can they he held. Ihe situation rails for lisioii. enterprise and enthusiasm, hilt the will to will through again to prosperity is strong, and the future is full of promise." F. M. Miller in the New York "Commerce Monthly.’’