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UPGRADE IN BRITAIN

CONFIDENCE REVIVES

CHAMBERLAIN CHEERFUL

VALUE OF RECIPROCITY

(BrltUh Offldal Wireless.) (Received February 27, 11 a.m.)' RUGBY, February 26. The belief was expressed today by the Chancellor of the Exchequer (Mr. Neville Chamberlain) that the improvement which Had taken place in British trade had come to stay. The Chancellor was speaking at a luncheon at the Birmingham section of the British Industries. Fair, s ."From' all directions you get indications that trade recovery in Britain is firmly on the upgrade," he continued. There was a general revival of confidence, and people felt that they could safely fill up their stocks and expand their plant and equipment. .They felt that the recovery had come to stay! Although Britain had given preference to the Empire, she wished other countries to know that, if they bought m ore from Britain, V she would buy more from diem. ~* '..■'■.. The chairman of Lloyd's Bank, Mr. J. W, Beaumont Pease, who also spoke, advocated the extended use of bills of exchange,' and said that it was a pity that the use,of this old method of financing trade had fallen away; ''. ,'"'. '~[ .•.'•.• .-'■■' ■.■■■'•'■''■ .\; '■"';.'.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340227.2.86.1

Bibliographic details

Evening Post, Volume CXVII, Issue 49, 27 February 1934, Page 9

Word Count
186

UPGRADE IN BRITAIN Evening Post, Volume CXVII, Issue 49, 27 February 1934, Page 9

UPGRADE IN BRITAIN Evening Post, Volume CXVII, Issue 49, 27 February 1934, Page 9

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