CHAMBER OF COMMERCE.

Taranaki Daily News, 5 August 1915, Page 8

CHAMBER OF COMMERCE.

TUB ANNUAL COXjFEREXCK. By Telegraph.—Pi ess Association. Wellington, Vcstorday. At tlic, opening of the Chambers of Commerce Conference to-day, the lion. A. L. Herd man, Attorney-General, referred to tlu; anniversary of the declaration of war in New Zealand. He emphasised the fact that the enemy's mercantile marine had swept from the sea?, that there had been 110 financial pan:;; and no industrial collapse was brewing. The whole situation was fairly good. Xo man could he otherwise than satisfied with the way things had been arranged, considering the "magnitude of the task involved. He understood that exports had reached a higher position than ever before, and the 'hanks were in ample funds. lie nude an appeal to all in Xew Zealand, irrespective of class, "quality or condition, to stand as one man in true British spirit while facing the most terrific crisis in tile history of the British Empire. The conference passed a resolution expressing' lovnlty to the throne and recording its determination to do all in its power to assist the Government in organising and rising to the fullest extent all the resources of the dominion to aid in continuing the war till it is brought to a successful issue; also expressing admiration of the gallant work of the New Zealand expeditionary force 9. The National Anthem was sung. | The conference passed a resolution ex- , pressing the opinion that the inability ' of the party leaders to arrange for a Coalition Government during the war is deplorable and contrary to the best interests of Xew Zealand, and that the duty of politicians, in view of the enormous sacrifices made by our soldiers, was to bury party politics until the war is over. The following remit was adopted: That it is advisable that a system should be evolved by the Cliamlbers of Commerce of Xew Zealand, having for its objects the advocacy, at tho proper time, before British capitalists of the advisability of investing capital to a greater extent in future in British colonial dominions and States, and to this end that, when the, right time arrives, representations of a comprehensive nature should be made in the proper quarters. Remits were received from Wellington and Wellington Central Chambers of Commerce, with tile object of putting ingo effect a comprehensive list of recommendations made by the 1900 conference with respect to the bankruptcy law of the dominion. Mr. A. M. Myers gave an address on the subject of bankruptcy law, and further discussion was postponed.