BANKS FULL OF SAVINGS.
HALF-MIIXION UNEMPLOYED
PARADOX IN CANADA,
(From Our Own Correspondent.)
VANCOUVER, September 18
Citing the remarkable fact that many men are unemployed and in need of the necessities of life* while at the same time there is plenty of money m tho country, the Vancouver "Sun" state* editorially: "Canadians have 2,000,000,000 dollars in total savings accounts. The number of unemployed in, Canada is 500,000. Is there any relationship between the two facts ? You cpuld take onequarter of those savings and put 500,000 men to work moving stones from one side of the road to the other and back again at 20 dollars a week for a whole year. Moving stones to and fro is not productive labour. "But have the Canadian people so little ingenuity that they are unable to find productive work for 000,000 men and 2,000,000,000 dollars of accumulated savings?" .
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Bibliographic details
Auckland Star, Volume LXII, Issue 253, 26 October 1931, Page 3
Word Count
145BANKS FULL OF SAVINGS. Auckland Star, Volume LXII, Issue 253, 26 October 1931, Page 3
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