ECONOMY IN WARTIME
After referring to restrictions imposed by the Government, the directors of the Commonwealth Bank, in their annual report, state: "Controls of this type are not sufficient in themselves at a time when incomes are high through heavv Government war expenditure. The quantity of goods available for civilian use must decline as the proportion of our total productive effort directed to war purposes grows. If this decline did not. occur it could mean only that we were failing in our task of mobilising Australia for the war. '•At. a time when incomes are high, but the quantity of goods on which these incomes can be spent is falling, it is essential that people shall refrain from spending part of their incomes. It is therefore the urgent and vital duty of every member of the community to exercise the greatest economy in all expenditure to save and lend to the Government every penny that can be spared and to use the utmost care to avoid waste of any kind.
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Auckland Star, Volume LXXIII, Issue 254, 27 October 1942, Page 5
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170ECONOMY IN WARTIME Auckland Star, Volume LXXIII, Issue 254, 27 October 1942, Page 5
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