APPEAL FOR FAITH

Feilding Star, Volume 8, Issue 2586, 2 December 1931, Page 4

APPEAL FOR FAITH

GRAVE BRITISH OUTLOOK SHARED BV THE WORLD WARNING TO PEOPLE fAoet. and N.Z Cable) London. Nov. 30. Statesmen and politicians throughout the world have no comprehensive plan to deal with tlie world financial situation, which lias never been graver; “they are as the blind leading tlie blind." said Sir George Paish. spenking at the Lyceum Club. “I never expected to see Britain in real danger of bankruptcy ns at present, hut I strongly urge everyone not to lose faith in the Oi l Country. I am convinced of onr ability to emerge from the danger through the action of reasonable people, but we must educate the public throughout the world. It is essential lo realise certain truths, including this: that, every bank In rhe world is insolvenr. Moreover, it. is not a British hut a world crisis. Every country must do its hit to get the world out of difficulties. The French people are ter. ribly frightened, hoarding hoth notes and gold, yet making an effort to maintain confidence in France. The situation in America is also appallingly grave-”