WAR’S AFTERMATH

Dominion, Volume 19, Issue 47, 19 November 1925, Page 9

WAR’S AFTERMATH

SIR JOHN BRADBURY ON THE FINANCIAL TANGLE PROBLEM OF GETTING PEOPLE TO WORK By Telegraph.—Press Association. CoPYBIGHT. London, November 17. Sir John Bradbury, as the guest of the Authors’ Club, discussed the financial aftermath of the war. In his opinion the present tangle in which the world was involved was more financial than economic. “Recovery is slow because monev is at the bottom of the existing evils. The real problem before the world is to get its people to work again. This is a financial problem. The internal debt problem will be solved when the rentier feasts on his own tail and realises it is the only diet he will get. With regard to international obligations, it should be realised that the mischief they have already done is appalling, and the test of the Dawes plan is still to come. It may prove impossible to transfer the international debts on a large scale.” Mr. Fairbairn, replying on behalf of the Dominions, made a spirited appeal for loans to the Dominions in preference to foreign countries, to enable the Dominions to build up the Empire.— Aus.-N.Z. Cable Assn.