INDUSTRIAL RECOVERY

Evening Star, Issue 22462, 6 October 1936, Page 9

INDUSTRIAL RECOVERY

BRITISH GOVERNMENT'S POLICY RENOVATION OF NATIONAL DEFENCES (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, October 3. * The Times,’ commenting on Mr Neville Chamberlain’s speech at the Conservative Party conference, recalls that the Prime Minister once said that his Government would be judged mainly by the effects of its policy on unemployment, and thinks that the captious clitics must fall silent before its record in this respect, as set out in the speech by the Chancellor, who said: “Our anticipation last October that, if the National Government was again returned to office, we might expect a continuance of the industrial Recovery which had taken place in the preceding four years has been more than fulfilled.” Mr Chamberlain, in support of his contention, went on to cite figures showing a remarkable expansion of tho iron and steel industry, of the rayon and automobile industries, and even shipbuilding. ‘ Tho Times ’ also considers that Mr Chamberlain stated a case for the renovation of national defences in which it presented itself to the judgment of the nation, and the paper approves his reiteration that British rearmament has been and will be accompanied by constant efforts towards constructive international collaboration. The ‘ Daily Telegraph ’ makes the point that international unrest is inflamed by economic difficulties, and draws attention to Mr Chamberlain’s refei’ences to the revaluation of the franc. Concerning the French Government’s decision, tho Chancellor said: “ I am very glad to co-operate with it and with the Government of the United States in minimising the disturbing effects of that operation, and I am hopeful that the declarations issued by the three Governments will prove to be a step towards the restoration of more static conditions in the international monetary system. Tho British Government will at all times be ready to take its part in any steps that will help to restore confidence, and remove, or at least reduce, the.more excessive forms of restrictions by which freedom of international trade is hampered.”