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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
137

EFFECT OF THE WAR ON BRITISH INDUSTRY Dominion, Volume 8, Issue 2276, 9 October 1914, Page 5

EFFECT OF THE WAR ON BRITISH INDUSTRY Dominion, Volume 8, Issue 2276, 9 October 1914, Page 5

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