EFFECT OF THE WAR ON BRITISH INDUSTRY
SPEECH BY MR. LLOYD GEORGE
(Rec. October 8; 11.10 p.m.) " ' : London, October 7. . Mr. Lloyd George, Chancellor of the Exchequer, speaking to_ a deputation from the Workers' National Committee, chiefly composed of Socialists, said tbe war involved a very heavy burden'on tie resources of the country. It was becoming increasingly evident that other countries would depend more and more on our markets to assist them to carry through their .operations. The cotton trade was the only one that had completely broken down,' and distress there would be severe, but it was premature*to anticipate any very considerable "unemployment elsewhere. As the war progressed the demands of British industries would be enormous. The Treasury was prepared to lend the municipalities the Government credit, if fthey suggested any reasonable enterprise to avert unemployment.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19141009.2.18.10
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 8, Issue 2276, 9 October 1914, Page 5
Word count
Tapeke kupu
137EFFECT OF THE WAR ON BRITISH INDUSTRY Dominion, Volume 8, Issue 2276, 9 October 1914, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.