GREAT EFFORT IN 1941 NEEDED

Dominion, Volume 34, Issue 81, 30 December 1940, Page 7

GREAT EFFORT IN 1941 NEEDED

Britain’s Business Position NO SERIOUS ANXIETY OVER RAIDS (By 'relegrapli —Press Assn.—Copyright.) (Received December 29, 7 p.m.) LONDON, December 28. "The Economist's” Trade Supplement takes a fairly favourable view of the business position in Britain. It says that the air raids and transport difficulties continue to hamper production, but the output is considerably higher than might lie expected fot a period of intensive bombing. Germany has obtained results nothing like those that she expected. The actual destruction of munition factories has been very small.

“The experience of the last few months has shown that night-bomb-in'1 ’ on the present scale does not curtail the volume of production sufficiently to cause serious anxiety.” the writer states.

“Though the shipping losses are heavy, large imports of essential materials still arrive safely, but still greater efforts are needed to speed up the turn-round of ships in the ports and to accelerate distribution of the cargoes to the centres of consumption.” The writer concludes: “British industry lias done wonders of improvization in ’ the last year and has achieved a measure of success in adjusting itself to the new and difficult conditions. The progress in many directions lias been very considerable: but all told our achievements in 1940 have not been commensurate with our needs and resources, and only a maximum effort in 1941 will see us through the critical period.”