PROTECTION NO HELP
WINSTON CHURCHILL’S VIEWS BIG COTTON AMALGAMATION (Australian and N.Z. Press Association) (United Service) LONDON, Tuesday. The Chancellor of the. Exchequer, Mr. Winston Churchill, addressing the members of the Manchester Chamber of Commerce at a meeting in the Free Trade Hall, said he presumed that the majority of those present were freetraders like himself. Britain could not at present afford to indulge too much in politics. It would not greatly improve affairs to enter the Parliamentary chaos with a Government that lacked a majority. Moreover, the old-fashioned fight against protection was not going to help industry. The establishment of a general system of protection would not be the issue at the General Election. The Chancellor announced that a section of the cotton trade was on the eve of launching an important scheme of amalgamation in which the Bank of England had co-operated to an almost unprecedented extent. He said he believed it would enable Lancashire to renew its former triumphs.
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Sun (Auckland), Volume II, Issue 569, 23 January 1929, Page 9
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162PROTECTION NO HELP Sun (Auckland), Volume II, Issue 569, 23 January 1929, Page 9
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