FOURTH LINE OF DEFENCE
IMPORTANCE OF EXPORTS . .. . BRITISH INDUSTRIES' ' CONFIDENCE SITUATION IMPROVING (HSITISB OJTICIAt. WIBELBS&.) RUGBY, December 30. The Director of the Federation of British Industries, in a New Year message says, "British industry can face 1940 with confidence. Its response to the call of war has amply demonstrated its adaptability and resource. "Immediately before the war, trade reached a high level of activity, and in spite of the inevitable difficulties following on the transition from peace to a wartime organisation, the export situation is improving. The great task before us is twofold—first, the supplying of the needs of civil defence and the fighting forces, and second, the maintenance as far as possible of our home and overseas trade. "Exports have been described as Britain's fourth arm, and industry is fully alert to their significance. I have every confidence 'that with wise generalship we shall in 1940 advance in that field and thus make our contribution to the success of our cause."
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Press, Volume LXXVI, Issue 22907, 2 January 1940, Page 1 (Supplement)
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162FOURTH LINE OF DEFENCE Press, Volume LXXVI, Issue 22907, 2 January 1940, Page 1 (Supplement)
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