BRITISH INDUSTRY

Dominion, Volume 21, Issue 301, 20 September 1928, Page 11

BRITISH INDUSTRY

INCREASING PROSPERITY ANTICIPATED IMPROVED OUTLOOK FOR COAL AND METALS SUCCESSFUL SEASON FOR AGRICULTURE (United Press Association.—By Electric Telegraph.—Copy rich t.) (British Official Wireless.) Rugby, September 18. The monthly review issued by the Westminster Bank, one of the great banking corporations of Great Britain, anticipates Increasing industrial prosperity during the autumn. It points out that there is now a prospect of improvement in the coal industry, that iron and steel are doing better, and that shipbuilding and shipping prospects are more satisfactory. The survey states: “The General indications of trade prospects are as a whole favourable. The world harvests of foodstuffs and raw material are on a bountiful scale. The United States has recovered from the depression in trade activity of recent months, and Europe is threatened by no wave of economic depression. At the other side of the world the outlook for a period of political peace and economic reconstruction is reasonably bright. At home the rank and file of trade unionists have given their emphatic endorsement to a policy of constructive and co-operative solution of problems common to'both Capital and Labour.”, The review also mentions that British agriculture has experienced one of the most successful seasons in recent history.