SIR JOSEPH WARD ENTERTAINED.

Taranaki Daily News, Volume XLVII, Issue 8043, 2 February 1906, Page 2

SIR JOSEPH WARD ENTERTAINED.

. » . BiT HIS CONSTITUENTS. NEW ZEALAND AND THE MONEY MARKET. REPLY TO MR BENT. PER MISS ASSOCIATION'. Wixrox, February 1. Sir Joseph Ward w.is to-night presented with a sword by the Winton Rillcs, and banqueted by the electors of Awarua.

The gathering was large and enthusiastic, and included Southland Members, the chairmen of public bodies and prominent commercial men. The Minister refrained from unking a political speech. He congratulated the country on the floating of a million loan in Victoria ul •! per cent, not par. He did not agree with Premier Bail's cabled comment. The fact (hut New Zealand went to Victoria for money did not p'.it New Zealand in au inferior category. Money lending countries were not generally the mist prosperous in the broad seine. The masses in England, which lent all round, were not in so satisfactory a pisilion as the masses in the Cjlony. The Ljiidm money market had been [hypersensitive lately, aul it was not desirable to go there just now for a large loan. New Zealand had not reached the apogee of Lev prosperity. There was every reason to believe that the basis of progress was sound. The tourist assets were imro enormous than was generally recognised. Anglers from Home could enjoy sport here much cheaper than they could lish in Scotch aud Irish waters. Next session the customs tariff would be revised, and commodities in daily use by the people would be cheapened. The laud laws would also be considered, and the advisabloucss of granting the freehold discussed. He did not think the freehold would be granted in connection with lands under the Linds for Settlement Act. The Minister received an ovation and was enthusiastically farewellcd by the constituents.