ENGLAND’S HEART SOUND

Sun (Auckland), Volume II, Issue 455, 10 September 1928, Page 8

ENGLAND’S HEART SOUND

FINANCIAL POSITION BEST IN WORLD CANADA’S BIG WHEAT YIELD “Conditions at Home are brightening. Present-day troubles are very largely industrial troubles, more particularly in the steel and iron industries, but they are coming out. I am satisfied that the heart of England is sound.” This observation was made to a. reporter by Sir Josepli Ward, who r< turned by the Aorangi last eveningJoseph has been away from New land for some months, and he has oee engaged in London on private busin He made the return trip via Canada- “ The steel and iron industries arr most important to England and is no doubt that their position satisfactory. One side says that I due to dumping, while others attnou it to other causes. “I notice that the whole life of land has changed since the war, an« there is at present a strong m °V?. „ keep up the high standard of bD**® and architecture that existed beio»* the war. especially in the country. FINANCIAL POSITION “The heart of the Old World is «“ right and I can see no sign of dec*®* ence. Industry is picking up, and L - linancial position of the Old *-' oun * 1 r3 * v ,2 still the greatest in the world . and -\? r strongest by far, notwithstanding “L vast expenditure during the war. depreciation in the success of a W*** no indication of financial instability* over-borrowing might do that. ’ Sir Joseph said that Canada having a wonderful time, and had J enjoyed the biggest wheat yield country had ever experienced. - only trouble was the falling off * n *** value of wheat. The farmers then were getting about 4s, as con3 P a fvl with, say, 6s in New Zealand. t ' eve \ years ago not one bushel of wheat wa exported from Vancouver. Last yf • &0,000,000 bushels were exported anc • was expected that the total would rea 100,000,000 next year. That gave * very good idea of the development Canada generally. MIGRANTS NEEDED On the whole the country was prosperous and the enormous IfIJJJ: in wheat growing had necessitated t finding of more workers. Canad* announced the need for 10.0CJ, migrant workers, and. so far. had - j < ured only 8,500. The great I ance of the tourist traffic in the * I Dominion was shown by the fact tr.* in Toronto, plans and ? I were out for a hotel containing ' ” rooms.