Preliminary.

Having shown what we have already done, and the materials we have to work upon, I shall now consider our future prospects—What it is possible for us to do. As already stated we confidently hope and trust that the future of our industries is of far greater importance than the past. I shall therefore consider it in detail. I shall first show the direction in which the industries of New Zealand can expand, and then consider the ways and means, difficulties and doubts, which are involved in the question of extending them.