PESSIMISM UNJUSTIFIED.

Taranaki Daily News, 25 October 1921, Page 7

PESSIMISM UNJUSTIFIED.

BUSINESS MAN’S OPINION. MONEY ALREADY EASIER. Christchurch, Oct. 19. According to the president of the Canterbury Progress League, Mr. A. G. Henderson, the future of New Zealand’s trade is not nearly so black as the recent deputation of producers tried to persuade the Prime Minister it was. In the course of some remarks to the council of the league to-day, Mr. Henderson I spoke most optimistically of the outj look. Ho very much regretted, he said, ! that the deputation adopted such a | gloomy tone in urging Mr. Massey to ■ bring about Government economies. ■ There was no doubt whatever that I many Government departments were ! overstaffed. Certain of them could be ! amalgamated and a saving could be | made in many ways. It was easy to • suggest ways by which the railway ser- ! vice could be carried on more efficiently : and economically. At the same time, it was distressing to hoar people say that the bottom had dropped out of the country. "We have had six or seven thundering good years,” he went on, "and. if we cannot tide over a bad year on two due to the world’s conditions we are not made of the stuff we ought to be." Hie business was to watch the trend of affairs, wholesale and retail, and he - ; :■ it as his deliberate judgment that ■s.xu'jy was easier to-day tha?» i.t had been, and that with one or two periods of temporary.tightness it would go on getting easier. About June next everyone w-ruld be tauch happier than at present. "Thirds my deliberate judgnunt, not hot air,” declared Mr. Hexuk i rscr<’. ‘ln a year we shaH be through anything like a slump.”

WANGANUI FARMERS’ VIEW. CONFIDENCE IN GOVERNMENT. Wanganui, Oct. 19. The Wanganui Agricultural Association in deploring the attitude of several representatives of the farming community in scouring the country and creating a aeftre as to the Dominion’s condition, to-day passed a resolution expressing confidence in the Government. The New Zealand Council of Agriculture has apparently issued propaganda With a view to inducing agricultural associations and farming bodies to discuss the matter of the necessity for economy and retrenchment in the Public Service and Government departments, and inviting various organisations to pass resolutions urging immediate action in that direction. When the circular was read at the meeting of the local association to-day, Mr. D. Ross strongly urged the meeting to leave the matter alone, if they passed a resolution such as was Suggested it would look as if they had no confidence in the Government, and that it could not manage its own business. He did not think the utterances of some gentlemen who were travelling round the country were doing it any good. Tire meeting passed a motion expressing its confidence that the Government would do the right thing.