HUGE COST OF WAR
SIX MILLIONS DAILY
OUTLAY OF BRITAIN
CHANCELLOR'S APPEAL
(Reed. Nov. 24, 9 a.m.) LONDON, Nov. 23
The Chancellor of the Exchequer, Sir John Simon, in a broadcast address, said that the war was costing the country at least £6,000.000 daily.
The increased taxation would not pay more than half the amount being expended this year, for which reason it would be necessary to borrow. Sir John Simon stressed the need for saving every penny possible in order to lend it to the Government.
fie added that avoidable spending would help to raise prices unnecessarily. Willi the goodwill of the people he was confident that a great contribution for the war purposes would he secured.
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https://paperspast.natlib.govt.nz/newspapers/GISH19391124.2.79.4
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Gisborne Herald, Volume LXVI, Issue 20103, 24 November 1939, Page 7
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118HUGE COST OF WAR Gisborne Herald, Volume LXVI, Issue 20103, 24 November 1939, Page 7
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