EXCHANGE PROBLEM
DELIBERATE. INFLATION ON THE
CONTINENT
TO UNDERSELL BRITISH MANUFACTURES
By Telegraph—Press Association-Copyright. London, February 17.
That some European countries are deliberately and systematically inflating the exchange against themselves in order to undersell and get their industries going before meeting their indebtedness was a point urged by Sir Peter Rylands, a member of an influential industrial deputation to Mr. Austen < Chamberlain.. urging alleviation or postponement of the taxation of industries during the present depression. It was stated, that Continental prices defied British competition. Mr. Chamberlain replied that the factors mentioned were beyond Government control, and it was impossible at present to reduce the income tax.—Aus - N.Z. Cable Assn.
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https://paperspast.natlib.govt.nz/newspapers/DOM19210219.2.39
Bibliographic details
Dominion, Volume 14, Issue 125, 19 February 1921, Page 7
Word Count
109EXCHANGE PROBLEM Dominion, Volume 14, Issue 125, 19 February 1921, Page 7
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