THOUGHTS FOR THE TIMES

Hokitika Guardian, 1 October 1930, Page 4

THOUGHTS FOR THE TIMES

A FARMER’S VIEW OF THE FUTURE. What of the future ? '-Enhanced prices appear ‘ distant. Wool will go slowly up, a's the'low prices will stimulate consumption,But any big rise is negatived by the big .'carry-over from last year; Meat ■will remain about the same or a little lower, Owing to ini 'creased world production, U.S.A. tariff, and the 1 reduced purchasing power of Britain. The next year,will be one of price and wage adjustment, to a lower scale. The New Zealand farmer has increased his output enormously during the last few years, and should now . rest on his oars, until the purchasing, power of his £1 increases, before lie lays out any more capital expenditure on. his property. Empire free trade is a bedrock principle that all in the Empire should subscribe to, but our costs of production should be such that we can sell our , surplus outside the Empire. VrTo luiye , a higher,, standard of living, -than;;other fjpujntri<?s we nrniij; - have ■ better -and . barderi.woi'k, better business.organisation,viand more efficient State: administration than that -of'our- rivalsv .-.iV .sr-s-uy-'o ;.: ~ . *i-An-;East Coast- Farmer.. i '!!' v u no' . )fl .i »Y"k '