BRITAIN TO-DAY
A STEADIER POSITION. STABILITY OF FINANCE. IMPROVED SINCE WAR. By Telegraph.—Press Assn.—Copyright Received July 21, 8.55 p.m. London, July 21. The Chancellor of the Exchequer (Sir Robert Horne), speaking at a Lord Mayor’s banquet to bankers and merchants, discussed British stability. “All we Owe outside our own country,” he said, “was incurred on behalf of others, but we will not avoid those obligations for that reason. We have done more to meet our obligations out of revenue than any other country, and therefore our credit is so high that none will deny this country is steadier to-day than immediately after the armistice. The Communist creed no longer appeals to any great British labor organisation.” He added: “Financially we are in a far sounder position than three years ago. You have only got to go to conferences of other nations to realise the proud position in which this country stands to-day.”—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 22 July 1922, Page 5
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154BRITAIN TO-DAY Taranaki Daily News, 22 July 1922, Page 5
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