ASQUITH'S VIEWS.
ON WAR AND FINANCE. Mr Asquith, atti the Bankers' As<sociation, said that he had been inspecting the fleeib and suggested thai he thought if the gigantic " expendiiture were some day diverted to more fruitful channels they would have the world incuibusf resting some cf its best aspirations; but while the world remains in the prer'enifc temper Britain cannot negleoti defence against aggression. ■ .! The nation's 1 de'ot had been decreas ed some millions since 1906, while Ger many's had increased by •eigb.ifcy-lhre> millions, and Austria 112 millions in the came period. The fall of consols be attributed to the increased area, open to trusteed, which was now estimatd at almor't two thousand millions, and tbe demand for higher interest is accompan} 7 in|g trade activity. The signs in the industrial sky are a warning againr't. complacent optimism. By the Government business the community would solve the problem of the recurrence of strikes.
ASQUITH'S VIEWS.
Grey River Argus, 10 May 1912, Page 5
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