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Wairarapa Daily Times, Volume XV, Issue 4744, 11 June 1894, Page 2

Money has become cheaper, and after a long spell of bank pressure the proverbial "screw" has been'relaxed. This is the best news that we have had for a long time as it indicates a turn in the t ide of depression, which for some time past lias paralysed enterprise in Australasia, Till quite recently, Banks in this Colony liavo been calling in money, and while this process lasted it was inevitable that things should be dull. The change in the Bank rale means that the Bank ogres are satisfied that they have had enough, and that they desire to make advances, We do not blame tho Banks for the conservative policy which they have pursued of lale, for it has been the policy of safety, Now, after many days, we can enter once uioro with safety mr a policy of progress, Much, however, depends upon the Government. If Ministers will do nothing but draw their salaries, make speeches and attend banquets, things will soon right themselves in New Zealand, but it is feared'that further mischief is afoot, that a project for Government paper money is in the air. It is danger of this kind that will keep tho Colony from making headway, and deter private enterprise from absorbing all the unemployed labour in the land,