WAR FINANCE
COMMONS VOTES FURTHER CREDIT (British Official Wireless.) RUGBY, Sept. 9. After the Chancellor’s request in tho House of Commons for tho vote of credit, Mr E. W. Pethick-Lawroncc (Lab.) said it might easily come about that as the last straw breaks the camel’s back, so the last £1,000,000 a day might bring inflation and evils in its course. He supported very strongly the Chancellor’s request that the saving campaign should continue with redoubled vigour. Captain H. F. C. Crookshanks (Con.) said that in the first eight months of this year, compared with the same period of last year, there had been an increase of 24 per cent, in the savings of from one to five units. Something like 22 per cent, of war borrowings had come from small savings, and that represented roughly one-eighth of the total expenditure. The voting of the credit was agreed to.
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Evening Star, Issue 24297, 11 September 1942, Page 4
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148WAR FINANCE Evening Star, Issue 24297, 11 September 1942, Page 4
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