TOPICAL READING.

Wairarapa Age, Volume XXXII, Issue 10050, 26 July 1910, Page 4

TOPICAL READING.

RESTORED CONFIDENCE. Mr Edward Tregear, Secretary of the Department of Labour,, in his annual report, presented to Parliament, after referring to the heavy fall in the value of the country's exports which occasioned much; financial depression, states that when the winter months passed the financia 1 stress in some degree abated, and the encouraging news of the great advance in price of staple products soon removed the grave fears that the depression would be long sustained. The value of our exports had risen'by nearly £6,000,000 above those of the imports. This promise of financial receipts soon to be available restored confidence in the-soundness of the Dominion's although sufficient time had not vet elapsed for the full force of the flowing tide of returning business to be recognised. It waa probable that in Wellington this winter the pinch> of "shoit time" may be felt in some trades for a limited, period, but in other places, Auckland especially,, so many enterprises were projected and were so soon to be undertaken that little difficulty would*. he r thought, be felt in awaiting the [advent of the spring and summer months of a year which shows promise of being almost phenomenal in prosperity^