SIR JOSEPH WARD

Gisborne Times, Volume XXVII, Issue 2535, 23 June 1909, Page 5

SIR JOSEPH WARD

CABLE .NEWS.

ARRIVES AT SYDNEY. WELCOMED BY REPRESENTATIVES OF GOVERNMENT. United Press Association —Copyright. ' - ! SYDNEY, June 22. Sir Joseph Ward -was welcomed by representatives of the Government. A large gathering of New Zealanders at the wharf greeted the Premier of Now Zealand with cries of “Kia Oral” AN INTERVIEW. AN OPTIMISTIC DECLARATION. (Received June 22, 11 p.m.) Sir Joseph Ward was entertained at' lunch by the Government He was interviewed, and said that the position of New Zealand was good. Some reports about the Dominion were very much exaggerated. The cause of a great deal of the slump was the fall in wool values a year ago, and overspeculation in land in some parts of the country, making a tight money market. Wool exports had now improved, while the Bank of New Zealand had had a remarkably good year. The ” tightness of money had caused a few people to employ as little labor as possible. -The financial condition of the country from the Government point of view was good. The most pessimistic must realise that the resources of New Zealand were so great and so widespread that the cheek must ho of a temporary, character only. Sir Joseph Ward left for Melbourne to-night.