COMPULSORY SAVING HELD UNNECESSARY
SIR S. CRIPPS ADDRESSES MEETING
(Rec. 9.30 p.m.) LONDON, Feb. 25. “I have been pressed to introduce compulsory savings or a forced loan, but I do not believe such methods are necessary.’’ said the Minister of Economic Affairs (Sir Stafford Cripps) to a National Savings Movement meeting in London.
He added that a really hard struggle lay ahead —he did not say a desperate struggle, because that implied that there was no way out. They were out to show the world that a free democracy could achieve economic salvation without resorting to totalitarian methods.
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Press, Volume LXXXIV, Issue 25428, 26 February 1948, Page 7
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98COMPULSORY SAVING HELD UNNECESSARY Press, Volume LXXXIV, Issue 25428, 26 February 1948, Page 7
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