THE LIFTING OF THE DEPRESSION.

Wairarapa Age, Volume XXXII, Issue 9578, 26 August 1909, Page 5

THE LIFTING OF THE DEPRESSION.

Good new reaches us from all quarters. The depression severely felt in most countries and mildly in our own is lifting. Our banking returns show an improved condition of affairs. The months ended June 30th last forms a record in our history. The Post Office Savings Bank returns show a larger number of depositors and deposits than, ever befere; There are brightness and buoyancy throughout our whole financial cutlook. Farmers in every part of the Dominion are looking forward wiih hope to the forthcoming spring. The winter has been mild and pr.opitiois and a record yield in our staple products is confidently anticipated. The Hon. T. Mackenzie states that the mo :ey market 13 now relieved, and never before has a firmer grasp of the finances been exercised by the administration or a keener scrutiny k«pt on expenditure. A larger volume of exports may be nticipated than in 190b, and it is practically certain that the volume of imports will be considerably higher. However, if for that cix months we can just keep an even balance we shall have done wdl. After that we may look for another move ahead. —"New Zealand Trjda Review."