MATERIALS FOR WAR
BRITAIN MUST ECONOMISE
INFLATION SPECTRE
LONDON, November 1.
Captain Crookshank, Financial Secretary to the Treasury, said today that the demands for war material and war equipment were unlimited. It followed that all normal consumption must be cut to the lowest possible limit.
He declared that the nation needed about £40,000,000 a week to be on a really good wicket,, and that the sum must consist of genuine savings and must not be money raised by the sale of stocks and shares.
"Only by saving every penny we can spare can we provide money to carry on the war and so keep at bay the grim spectre of inflation," he said.
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Bibliographic details
Evening Post, Volume CXXX, Issue 108, 2 November 1940, Page 9
Word Count
113MATERIALS FOR WAR Evening Post, Volume CXXX, Issue 108, 2 November 1940, Page 9
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