SPEND FREELY

Hokitika Guardian, 29 March 1933, Page 7

SPEND FREELY

ABERDEEN PRESS ADVICE

LONDON, March 12

“We hear on all hands from those wh 0 ar e the custodians of thrift that judicious spending: has become a s imperative a patriotic ditty to-day as was careful saving eighteen months or two years ago,” says the “Aberdeen Press and Journal.”

“If .every person earning money today in sufficient quantities t 0 have a surplus over the sum nece s sary to cover hig normal needs were to spenu a ohilling extra e ia ch week during 1933, no less than £20,000,000 would he added to the nation’s income. A n d ah average of a shilling a week for a year is a very small sum to fix for this additional expenditure. It is probably safe to say that an aver. ag e of ten shillings’- extra expenditure weekly could be attained ( and th« aggregate of such sums, applied in accordance with the principle of buying British, would give work for a year to about one million of th t . unemployed. It would not stop at that, for the movement, once it got going, would be a snowball affair. There a'.e ample indications that the fillip which a little extra-public spending would give could vastly improve the situation.”