CAUSE FOR OPTIMISM
BRITAIN’S BURDEN OF WAR . DEBTS ECONOMIC DEVELOPMENT British Official Wireless RUGBY, Wednesday. The President of the Board of Trade, Mr. William Graham, in a speech at Willesden, stated that when he was in the Treasury in the Labour Government of 1924 he was depressed by the study of the tremendous burden of war debt. He had questioned the ability of Britain to respond to the changed conditions following upon the World War. Today lie believed they had everything to gain by being soundly optimistic. He was convinced that over a large part of the world only the surface of economic development had been reached. There were countries in Europe which, rightly guided, could carry three or four times their present population. It was ouly a question of seeing that their resources were used on sound ancl unselfish lines.
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Bibliographic details
Sun (Auckland), Volume III, Issue 803, 25 October 1929, Page 11
Word Count
141CAUSE FOR OPTIMISM Sun (Auckland), Volume III, Issue 803, 25 October 1929, Page 11
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