NO SACRIFICE TOO GREAT
BREAKING MENACE OF NAZISM GENERAL’ APPROVAL OF BUDGET (United Press Association. —By Electric Telegraph.—Copyright.) Received April 26, 10.40 a.m. RUGBY, April 25. The general impression of the Budget debate so far as it has proceeded is that., although poinis of detail are questioned, there is a unanimous desire of all parties to see the war prosecuted in the most energetic fashion. • Through all the speeches has run an underlying determination once and for all to break the Nazi menace, whatever the sacrifice involved.
• SECURITIES RISE. In business circles there is a curiosity to know the order of the yield which the Chancellor is looking lor in regard to tlie proposed “purchase tax.” This is shared both by trade- circles anxious to estimate its effect on business and by those economist critics of the Government who consider its plans do not provide- for a sufficiently large diversion of civilian spending. The view of financial circles is reflected in the rise in gilt-edged securities. The proposal for a limitation upon the distribution of profits has led to a demand for stocks seemingly least affected.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 125, 26 April 1940, Page 7
Word Count
186NO SACRIFICE TOO GREAT Manawatu Standard, Volume LX, Issue 125, 26 April 1940, Page 7
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