Other formats

    Adobe Portable Document Format file (facsimile images)   TEI XML file   ePub eBook file  

Connect

    mail icontwitter iconBlogspot iconrss icon

The Pamphlet Collection of Sir Robert Stout: Volume 80a

The Outlook

The Outlook.

They had been told that there were to be cycles of depression. Well, his advice was to keep from unduly borrowing, from bank smashes, be self-contained, let us be a people living within ourselves, dependent upon ourselves and our resources. Let every available acre of land be settled, and they need have no fear of depression. Cycles of depression had come to older countries, and how were they brought about? Every disaster, every opportunity was watched by financiers, and they took advantage of it. With good management, economy and care, he did not fear any depression overcoming New Zealand; in fact, if the people were true to themselves, exercised economy and care, and kept the present party in power, they would never have depression. On March 31st last there was available for public works £809,852. Never in the history of the colony was the Public Works Fund in such a healthy condition.