“A NATION HARD AT WORK”
CONFIDENCE EXPRESSED IN BRITAIN’S FUTURE From Our Own Reporter
. September 28. Although we have to go without a lot of things we would like because of the shortage of purchasing power, there is no unemployment, and we are a nation hard at work,” said Viscount Addison, Secretary of State for Commonwealth Relations, when he told a Press conference in Wellington on Saturday that Great Britain’s position should not be represented as more grim than it really was. The tremendous loss of shipping and the forced sale of all overseas investments to pay for the war caused two sources of purchasing" power to vanish, Lord Addison said. That loss would have to be made up by an increase in exports. * s on ly a question of time before the amount received from these sources will get us back to our former position. We will get back there all right. We are not down and out.” he said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19470929.2.112
Bibliographic details
Press, Volume LXXXIII, Issue 25301, 29 September 1947, Page 8
Word Count
161“A NATION HARD AT WORK” Press, Volume LXXXIII, Issue 25301, 29 September 1947, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.