AN IMPROVING OUTLOOK.

Shannon News, 17 December 1926, Page 2

AN IMPROVING OUTLOOK.

ELECTRICITY AND TRADE. "The Board has had its, first full year as a purveyor of electricity." said Mr G. A. Monk, chairman of the Horowhenua Power Board, at the monthly meeting yesterday; "and we have had a very satisfactory year. The business of the'Board is growing quite as fast, if not faster than was expected, and I think our prospects as buyers and sellers of electricity are fairly bright. This will depend a'gocd deal on the prosperity of the country. Things look brighter than they did a couple of months ago, but there is still room for improvement. I think that that improvement will come about; one way will be by means of better prices for our products, and the other by a lessening of the cost of the commodities we require—one g<es hand in hand with the- other. It is a" question of who is to take ths first loss. Experience teaches me that it is the man on the land who gets hit first. At all events, I hope that the New Year will bring about a better and brighter outlook, and that we will And out after all that things are not so bad as it seemed they Avould be.

"Production, I notice, is keeping up fairly well; though the monetary rates will be considerably less, and that means that there must be a reduction in our importations, and no -doubt it will take place."