DRASTIC ECONOMY PREACHED

Dominion, Volume 12, Issue 284, 27 August 1919, Page 7

DRASTIC ECONOMY PREACHED

prime minister orders retrench™ 1 'PERIOD OF UNEMPLOYMENT r AHEAD By Telegraph-Presa Association-Copyright ) (Bee. August 26, 10.15 p.m.) » London, August 26. Mr. Lloyd George, in a letter to all the State-spending Departments, points out the urgency of economies and of reducing the staffs to normal strength. Each Department is asked to report be- [ foro the reassembly of Parliament. It t is understood that a revised Navy, Army, and. Air Estimates will be presented! Tho Clyde shipbuilders havo received orders to stop work on the warships unless on those about to be launched. This will involve the unemployment of many thousands. It is understood that similar orders have been given to shipyards elsewhere.—Aus.-N.Z. Cable Assn. VIGOEOUS SPEECH BY SIR AUCKLAND GEDDES. (Rec. August 28, 8.15 p.m.) t London, August 26. Sir' Auckland Geddes, in a. speech at 3 Basingstoke, indignantly denied tho re- - port that the Government yaui not ati tempting to reduce expenditure. The :. Government had formed a Financial Comi mivlee to study, means of economising, . Mr. Lloyd George, as chairman, was- deI voting his wonderful energy to the subject. Enormous results had been uchiev--3 ed. There were great commitments that . could not immediately be reduced, and i. there would have been sockl chaos with- ) out tho unemployment donations. "We 3 cannot completely demobilise until peace i is signed. Wo arc nowhere near peace ) regarding Turkey and the East." The speaker pointed out that the 1 Board of Trade staff totalled six thouc eaiid, and included' stiffs at all the i ports. The, board had been trading on ' a great scale. Its purchases of. meat s had totalled thirty millions. It had • stocks of twelve millions' worth of timber. Both transactions had saved the country millions.—Aus.-N.Z. Cable Assn.