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Hokitika Guardian, 4 November 1931, Page 4

Economists are expressing the view that New Zealand must profit by the fact that Great Britain has gone off ■the gold standard. In addition to Britain other contdnenltal countries have done likewise, and as a result their trade with Britain is likely to increase. It is suggested, 'that not only will the exports of produce from this Dominion increase from 20 to 25 per cent., but it is considered likely that a a'ise in prices may be expected. There is room for . both to happen. New Zealand is increasing its produce and with a. readier market to absorb the goods, an increasing price will be acceptable. The fact that trade within Britain hats increased, with lie a helpful factor'towards increased consumption of food products. The political changes at Home just now, will bo another* factor in ereatI dug confidence on the part of the moneyed people and there should he an extension of enterprise which will aid consumption also. This country depends so much on the return for primary products that an upward movement in prices will he most helpful in establishing prosperity. The better the return to .the farmer, tfie mere money will be iif circulation, for the purchasing power of the man on the land is a great, factor in the degree of prosperity •, reached. This is ■the season of the year when produce • in greater bulk is being landed at I Home. During, November there arc heavy shipments to land at English ports, and this should • afford a good test of the economists views. But the conditions are shaping .so satisfactorily that there is good promise of

realisation, which will mean material help for the Dominion.