DANGER OF SLUMP
COMBINED ACTION NEEDED Received Sundav, 7.5 p.m. NEW YOR'K, Alav 25. Mr. Noel Baker, British delegate to United Nations Economic and Social Gouncil, empliasising tlie need for international cooperation to solve tlie World 's economic problems, said unless the Goverinnents take proper eoncerted actio-n, wc -will have- a slump of the 1939 size again, savs tlie New York Times. " Some experts place its begintiing three or four years after the war," Alr. X"oel Baker added. "Wc must timi in the interval lioW to coordinate the world 's employment and financial policies to elimitiate a slump and unemployment." Tlie Times eomments that the only real note of pessimism was soitnded by Alr. Noel Baker, wlio otherwise was obviously conlident. The Economic and Social Gouncil could supply the answers to most of the world 's economic problems".
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Chronicle (Levin), 27 May 1946, Page 5
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138DANGER OF SLUMP Chronicle (Levin), 27 May 1946, Page 5
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