British Industry Making Forward Strides
Received Friday, 8.50 p.m. LONDON, April 16. Despite its difficulties British indu&ty is making large strides forward in production and efficiency, Sir Stafford Cripps told a Fress conference. Manufacturing production was new 23 points higher judged upon production index retiirns than it was in 1946 and 14 points higher than it was in 1947. The Only decrease compared with previous years was in building and contfacting.. Sir Stafford said the miners were at present just ahead of their target, Steel men were achieving their target 4 4 with soihething usefttl in hand. ' ' and cotton workers were producing four-flfths of thfeir target.When Sir Stafford Gripps was asked: 44Do yoU .think We shall achieve ° an overall balance of payments at the present rate of progress by the time Marshall aid ends?" he replied: 44We got to have it."
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Chronicle (Levin), 17 April 1948, Page 5
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141British Industry Making Forward Strides Chronicle (Levin), 17 April 1948, Page 5
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