IN GREAT BRITAIN.

Sun (Christchurch), Volume VII, Issue 1956, 22 May 1920, Page 6

IN GREAT BRITAIN.

TREND TOWARDS ECONOMY. By Cable. — Press Association. — Copyright. (United) LONDON, May 20. London's post-war period of extravagant luxury-buying and enormous profits shows signs of ending. I The verge of the busiest season finds jWest End business men anxious to iunload heavy stocks, fearing (he possibilities of an economy craze, and a consequent slump in buying. The j increasing dearness of money con- ! tributes to the downward pressure, j Managers of hotels, restaurants and shops indicate that high spending will soon be confined to the new rich. Modistes declare that women ill the highest social positions are cutting down their dress expenditure by two-thirds.

DEFENCE NEEDS. (Renter) „ LONDON, May 20. Mr Winston Churchill, speaking at the opening of a military tournament, said that now we had again the broad sunlight of a victorious peace, we had to maintain, on the scale of the Army before the War, a small defensive army for Imperial police duty, to keep alive those traditions which generations hence might be the means of enabling our various communities, usually unprepared, to escape disaster. The Navy must always remain on a mobilised scale. The Navy always had been, and always must be, strong enough, whatever happened, to enable all other deficiencies to be repaired.