PROPHET OF DOOM
ECONOMIST PREDICTS GREAT CRISIS
BRITAIN AND HER FINANCE (United Service) Reed. 9 a m. LONDON, Wednesday. Sir George Paish, the noted economist and Governor of the London School of Economics, speaking at the National Free Trade Conference at Manchester, said: “I say on the highest authority that we are threatened with the gravest financial crisis the world has ever seen. Leading British and American authorities expect it to corns in the spring. Nothing can now be done to prevent it. “We need business men to adjust the situation, not the politicans who got us into the mess.” Sir George Paish attributed the alarming position to the policy of trade restrictions. Protection and safeguarding would be the suicide of the world. The “Daily Express’* describes Sir George as a professional misanthrope, a veteran prophet of doom, and a pessimist of old standing. The “Morning Post” humorously remarks that nothing can now be done about it. Even Mr. Lloyd George cannot avert the suicide of the world.
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Sun (Auckland), Volume II, Issue 618, 21 March 1929, Page 9
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168PROPHET OF DOOM Sun (Auckland), Volume II, Issue 618, 21 March 1929, Page 9
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