A PROSPEROUS YEAR

Manawatu Herald, Volume L, Issue 3903, 5 February 1929, Page 3

A PROSPEROUS YEAR

PRIME MINISTERS OPTIMISTIC OUTLOOK. Wellington, Last Night, s “Why should there be any fear about the future of New Zealand? We have had good years in the past, but I believe this coming year is going to be one of very remarkable prosperity for every section of the community.” ‘This note of optimism was sounded by the Prime Minister (Rt. Hon. Sir Joseph Ward) during the course of his speech to-night at the dinner tendered his Majesty’s Trade Comhiissioner (Mr. L. B. Beale).

“You are bound to have unemployment,” the Prime Minister continued, “but we have to handle the matter as it arises. This country is in a remarkably good position btft that we have to be careful is be-

yond all question. I gave instructions after coming into office to all the departments to do their best to keep expenditure down. Why? For the reason that I knew that we could not have anything like as good a financial result this year as the government had the year before. We have the best quarter of the year to come. Wo are looking forward hopefully to a surplus in the ordinary revenue over and above the expenditure. Not one of us need be afraid of the future.”

Sir Joseph Wjard said that since taking offijce he had hardly been out of Wellington. The reason was that he had .been investigating just where the country stood financially. Later on, he hoped to be able to visit various .parts of New Zealand.