SLUMP ABATING

Rotorua Morning Post, Volume 3, Issue 672, 26 October 1933, Page 2

SLUMP ABATING

A BPIGHTER NOTE ' VISITORS TO BRITAlN SAY THAT A BRIGHTER TONE prevailB.- ' OPTIMISM AND VIGOR. Wellington, Saturday« Dpinions striking a brighter and more cheerfui note than was the ease some months ago in regard to conditions in ,the Old Country were expressed by passengers who arrived hy the Tamaroa from England feceritly. •Mr. H. P. Richmond, a prominent barrister of Auckland, who left for the Old Country iri March in connebtion with the appeal -to the Privy GoUncil in the Hawke's Bay earthquake cases, said he had come into contact with business men in the position to speak of conditions at Home. There appeared to be a very definite note of optimism and the feeling that Great Britain, of all countries, wds in the best position to take advantage of any opportunities that arose. The feeling "was that England, through her barikirig system aiid finance, as well as through" her industrial .strength, "was in the strowgest position of .any country in the world to-day. He was impressed hy the atmosphere of vigour and optimism among business men. The position in Vienna, which he visited subsequently, presented a striking contrast. Vienna itself was a tragedy. He was convinced; as a fesult of his visit, that Austria must link up somewhere in order to get ari outlet. At the same time, he was impressed with the gaiety of the peasants in the country, in spite of their poverty. ■Commander S. Hall, R.N., owner of a sheep station at Banks Peninsula, Who has been abroad for five and a half months, spoke most enthusiastically of the charm of the English countryside and th'e splendid summer that had heen experienced. He said that the iiorth of England had felt the slump very much mere than the south. ColOnel R. S. Allen, D.S.O.-, brother of Sir Stepheri Allen, formerly Administrator of Western Ramoa, another passenger, said he thought people in England were becoining more optimistic and .that the situation at Home was brightening every month.. A pai-ticularly optimistic note was struek by Gaptain G. T. Hennessy, of Timaru, who spent some months in (England. "Conditions," he said, "are defini'tely imprqying in Great Britain, a.nd people are rapidty regaining the confidence that they may have lost. As soon as they regain that confidence conditions shouid he well on the way to becoming normal again. It is like the old .sayiing, 'The trough is overflowing with water, the horse is led up to it, and all the animal needs is the confidence to drink'."