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Hokitika Guardian, 6 September 1928, Page 2

Tim report of the Department of Industries and Commerce, judging by the telegraphed summaries, is a cheering document. It deals with a period of recovery, and it suggests that certain foreign markets will bo more ready in the future to take New Zealand goods Foreign countries now sell to us nearly two and a-lialf times what we sell to them. The British market, which takes more than 70 per cent, of our produce, is not unlimited, and competition there, both by Empire and foreign countries, is bound to grow more intense. As New Zealand production increscs, therefore, the need for larger foreign markets will become more pressing. The Far East is one such market with enormous possibilities. The Department points out that in the United States and certain European countries the proportion between industrial and food production has changed and it thinks that the demand there for supplies from the newer countries will increase. Let us hope so, for our prosperity in the future may largely depend upon it. 11l the meantime our most, promising oversea, market outside Britain is an Empire one. Exports to Canada increased enormously last year, and if the tariff is not altered as a result of rural pressure they may expand still further.