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THOUGHTS FOR THE TIMES.

Thu Swing Of Thu Pjsndvi.um. New /calami is being lifted out of the depression of the last two years by a number of factors, by the eflorts of her fanners who have achieved greater production for export, by the lucky chance of higher export prices and falling import prices, and by the economy. in consumption of imports which relative poverty, consequent upon overexpenditure, has effected. " The measure of production and of economy achieved is a matter within our own control; external prices are beyond that control. It is possible that wool prices may remain high for another seasonfi it is equally possble that they may fall, but t is truer to-day than at any time since. 1920 that the prosperity of the future lies in expanding production and improving quality at present or lower price levels, rather than in speculative reliance on the vain hope of higher prices.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19280618.2.22

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 18 June 1928, Page 2

Word count
Tapeke kupu
152

THOUGHTS FOR THE TIMES. Hokitika Guardian, 18 June 1928, Page 2

THOUGHTS FOR THE TIMES. Hokitika Guardian, 18 June 1928, Page 2

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