LLOYD GEORGE ANSWERS CLYNES.

Hokitika Guardian, 19 December 1921, Page 2

LLOYD GEORGE ANSWERS CLYNES.

J LONDON, Dec 16. <1 Replying to a Labour deputation on ,• I unemployment, on behalf of which Mr ’ j Civ nos pointed out that there was no j unemployment in France, or Germany ’ ! Mr Lloyd George stated the conditions 1 1 were different in those two countries. |) r Hathenau told him there must be ‘ | an absolute mlhu.se in Germany soon ■ 1 if the present c editions continued, i I Mr Lloyd George declared that if they , j copied Germany’s example, an improve- ! meat might last two or three years, but : ultimately unemployment would ; amount to 5,(XX),000 or 6,000,(XX). 1 he lvalue of earned money would decrease I enormously. He agreed that payment | ( if the reparations must hurt Germany, j but non-payment would greatly injure ; France. He did not desire to press an ■ overwhelming claim on Germany, hut could not face French public opinion ' with a refusal to insist on compensation regarding the rebuilding of the devastated areas. Tl, c.uMos Commission, said the Pre- ' mied bad unanimously agreed to re- : commend economies amounting to £195,000,000 which were considered essential to avoid the danger of national bankruptcy. The commission did not touch old age pensions, but large savings would be made in the Admiralty, while the Army economies amounted to £20,000,000