THE DEPRESSION.

Taranaki Daily News, Volume LII, Issue 44, 17 March 1909, Page 2

THE DEPRESSION.

!XUT AX UNMIXED EVIL. By Telegraph.—Press Association. Hamilton, Last Night. At the official annual visit of farmer* to Huakura Experimental Farm to day, over three hundred were present, illeluding the Hon. 1). Jluddo, Minister lor Internal Allah's, who in a speech dealt generally with the value of such at** lions to tlio.se engaged in agricultural pursuits, stating that in Jiis opinion the Wuikato had a great future before it us a dairying and agricultural din triet. Referring to the financial stringency, 11 r. lluddo said ho had aeeai .slumps before, but they gradually righted. He believed the present depression wnn not an altogether unmixed evil, as it would jirobuwy have the effect of causing business to be carried on on (found jines. There was no reason to, lie do'wnliearted about it niter the aea* son's splendid harvest and the most extraordinary buoyancy of the buttsK .market. Frozen meat was low at the .present time, but this might 1m through ,l*id times in. the Old Country. Ther» was a good deal of hope about the situf tition, an after returns had been worked/ off from other countries, tho prospect .would be better.