SPENDING RESERVES
MR CHAMBERLAIN’S VIEW. LONDON, October 22. Mr Neville Chamberlain (Chancellor of the Exchequer),; speaking at Birmingham, ..yaid that the signs of solid progress townrd-s recovery wen plainer 'thin any since the Nat ion a 1 Government took office. The rising tide of unemployment had apparently been stemmed and might soon set in the opposite direction. - The Government and the local authorities had been spending overmuch in .relation to the reserved of the only people from whom money w?.s obtainable. Private individuals s’ 011 Id 1 consider their personal circumstances and spend if they Could afford it. It was a mistake to suppose that keeping money back was a public service.
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Hokitika Guardian, 25 October 1932, Page 3
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112SPENDING RESERVES Hokitika Guardian, 25 October 1932, Page 3
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