NO POORER AFTER WARS
ECONOMIST'S CHALLENGING VIEW (Bee. 11 a.m.) LONDON, Jan. 9. "The people of the. United States don't talk like some of our leaders about being poorer after the war—they are more sensible than our professional pessimists," declared Sir Wil-: liam Beveridge in a speech;; He added: "Just before this war we were on the average much richer than 25 1 years before, with a standard of.'living about 30 per icent. higher in spite of the first world war and in spite of the decline in .international trade and mass unemployment which followed. The only experience we have had of war is that it does not leave us poorer. Why should we be poorer? After this war" there will have been some material destruction, but we shall have the same people with a great 'increase in capital and equipment and many new technical .inventions. I hope that, above all, we shall have a. new social invention enabling us to do without unemployment."
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Evening Star, Issue 25069, 10 January 1944, Page 4
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164NO POORER AFTER WARS Evening Star, Issue 25069, 10 January 1944, Page 4
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