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WILL ENCOURAGE SOCIAL SECURITY

NEW YORK, July 11.

The ' New York Times' says a spokesman at the Bretton Woods monetary conference indicated that the conference will not permit the international fund to make corrective recommendations to member countries which would interfere with their social programmes. Thus the fund's recommendations •to countries having exchange difficulties could not be directed at such internal measures as social security or rapidly rising wage, cost, and price structures due to the economic effects of strong Labour; Governments.

. The correspondent adds that the statement leaves little doubt that the international fund will encourage " new deals " in member countries, to raise the standard of living and the volume of trade.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19440713.2.113

Bibliographic details

Evening Star, Issue 25226, 13 July 1944, Page 10

Word Count
113

WILL ENCOURAGE SOCIAL SECURITY Evening Star, Issue 25226, 13 July 1944, Page 10

WILL ENCOURAGE SOCIAL SECURITY Evening Star, Issue 25226, 13 July 1944, Page 10