WAR EXPENDITURE
No Limit Placed In Britain
MAXIMUM EFFORT POSSIBLE ißrltisli Official Wireless ) RUGBY, May 8. The Chancellor of the Exchequer, Sir John Simon, in a speech, said that no limit would be put on what Britain might have to spend during the year. Britain’s only concern was the putting forward of the maximum possible effort for winning the war. .1. he ideal would be to meet this huge expenditure entirely from taxation, but with so vast a sum this was impossible, thus the great importance of the savings movement. In 23 weeks more than £140,000,000 had been raised by savings certificates and defence bonds. ‘‘We are saving not because of something distant and mysterious,” he said, “but because of a simple thing—because the Nazi system denies what we regard as ordinary everyday human rights.”
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Dominion, Volume 33, Issue 192, 10 May 1940, Page 8
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135WAR EXPENDITURE Dominion, Volume 33, Issue 192, 10 May 1940, Page 8
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