FICTITIOUS PROSPERITY
~l f, t he community should be misled ty tlio fictitious prosperity caused by the distribution oi.borrowed money, it-will not be Uue to lack oi warning from those who nro in a position to gauge the economic posi- !! ott , S ays the Melbourne "Argus 1 ' of May 4). Ihe necessity for restricting as far as practicable imports from foreign countries has teen frequently urged by public speakers, m order, to conserve the resources of Australia against contingencies that seem likely to arise after the war. When Government expenditure on military requirements ceases, funds will be wanted to provide employment: for those whose services nro no longer required for war work. Now is Ihe time for accumulating money for such purposes, as' 1 no one can say whnt will lie tlie state of affaire after hostilities have ended. Remarks to this effect were made yesterday by the chairman of directors at Hie halfyearly meeting of shareholders in the National Bank of Australasia, Ltd., and they undoubtedly reflect the feeling in financial circles.
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Dominion, Volume 9, Issue 2772, 16 May 1916, Page 3
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173FICTITIOUS PROSPERITY Dominion, Volume 9, Issue 2772, 16 May 1916, Page 3
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