"IN RAGS"
EUROPE'S PLIGHT TO-DAY. HUNGRY, BUT NO MONEY, By Telegraph.—Press Asan.—Copyright, Received Dec. 1, 8.55 p.m. London, Dec. 1. Mr. Lloyd George, speaking before the Federation of British Industries, said it was helpful to meet organised business men and laborites, and he would rather meet organised labor than disorganised. There was no doubt a time of serious depression was coming, he added. Europe was like a man in rags and tatters, standing before our well-stocked windows. Europe's pocket* were full of paper money, but she could not pay for what she wanted. It was essential our customers should regain their prosperity. The Government did not desire to interfere with trade; the less interference there was the better. It also was essential to cut down public expenditure to the minimum, consistent with national security and efficiency, but economy should not be made a means of discrediting the Government. "I am convinced the strength of Britain will sustain us in passing through the struggle ahead," added the Premier. —Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 2 December 1920, Page 5
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170"IN RAGS" Taranaki Daily News, 2 December 1920, Page 5
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