MR COATES CONFIDENT

Hokitika Guardian, 8 January 1929, Page 2

MR COATES CONFIDENT

DOMINION’S CREDIT SOUND

DARGAYILLE, .lan. 4. ‘‘Our work has very largely been unseen.” aserted the Leader of the Op position, the Right Hon. 4. G. Coates in referring to New Zealand’s visible trade balance, which, bo says, stood at £12,456,034 for the twelve months that ended on October 31. After recalling that he assumed the leadership of the Government at a time when the country was feeling the .effects of the 1925 slump, and there was a visible trade balance deficit of over £5,750,000, Mr Coates concludes that to-day “the financial credit of the Dominion is unassailable and never stood higher. The position of our produce in the world’s markets is most promising. Prices are good and the prospects for the immediate future are rosy and bright. Results speak louder than words, and if the solid and sound work effected jj.V »i.v Government during its trying period of office have been somewhat obscured to tlic electors at this time, I am confident that when the temporary mists of controversy have cleared away, the verdict of the future will be that, in the time of trial, the Coates Government did its duty by the country without thought of party.”