GOOD NEWS FROM HOME
OLD COUNTRY RECOVERING. CHANCELLORS OPTIMISM. ,_ / / HOPE FOR THE FUTURE. (By Cable.—Pres? Association.—Copyright. ) (Reor-ired 1 p.m.) LOXDOX, January 21. Mr. Winston Churchill, addressing the Leeds Chamber of Commerce, struck an optimist in rntn in regard to the future of commerce and industry, declaring that there uns undoubted, though slow, impfovernpnt. Moreover unemployment lins bi'fii reduced. Apart from coalmincrs the world was more peaceful, harvests wore good and trade mending. Apart also from the coal subsidy, there was every probability that the Budget fnreenst would work out with substantia] accuracy, though the Coal Convention will cost the country an extra £21,000,000. of which three-quarters will be used for paying coalminers' wages. The Government was entitled to make a detailed snrvpy of expenditure with a view t<i curbing increases. These were largely automatic, such as pensions. "All Departments have been asked to frame estimates in n most modest manner. Yet last autumn I was confronted with estimates of thirty millions above the present year." Mr. Churchill urged that the scheme for cronomy must hang together, and must not be whittled down.— (A. and N.Z.)
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Auckland Star, Volume LVII, Issue 18, 22 January 1926, Page 7
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185GOOD NEWS FROM HOME Auckland Star, Volume LVII, Issue 18, 22 January 1926, Page 7
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