DIFFERENT VIEWS
THE POSITION AT HOME
A BANKER SPEAKS PLAINLY.
Heceived This Morning, 12.30 o'clock
LONDON, July 14. The Right Hon. D. Lloyd-George, Chancellor of the Exchequer, speaking at the Bankers' Dinner at the Mansion.House, said the international .situation was never better. There was nothing to create uneasiness concerning the country's prosperity. Trade was sound, and was likely to endure. The injury anticipated through the coal strike had not been realised. It was not anticipated that there would be a further overpowering of labour troubles. Mr Alfred C. Cole, M.A., Governor of the Bank of England, said that during the last twelve months there had been great industrial and financial unrest. The feeling of insecurity in Home investments continued, and was encouraging investments nbroad. Taxation'has severely 'bit the breweries, and land consols had reached the lowest point in the memory of the present generation. The situation demanded the most serious attention. He asked what would be the position of the Government if it wanted to horrow on a large scale. He attributed the forcing down of gilt-edged securities largely to the death duties, which had totalled £129,000,000 in six .years.
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https://paperspast.natlib.govt.nz/newspapers/WAG19120715.2.21.2
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Wairarapa Age, Volume XXXII, Issue 10688, 15 July 1912, Page 5
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190DIFFERENT VIEWS Wairarapa Age, Volume XXXII, Issue 10688, 15 July 1912, Page 5
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