New Zealand's economic experience has been one of uniform progress and prosperity.

There is abundant and fertile land in these islands where droughts, floods, and famine years, are practically unknown.

Blissards and destructive storms are mysterious terms.
Fluctuations in production take place of course, but not such as to result in want, to any noticeable extent.

There are no extremes of heat and cold, no extremes of drought and flood, no extremes of wealth and poverty.

The climate is equable, the progress is uniform, the classes are at peace.
Every natural blessing that a people could desire in a country, is to be found in New Zealand.