DOOM OF BRITAIN!

Grey River Argus, 14 October 1926, Page 5

DOOM OF BRITAIN!

“FOOLISH TALK!” Mond Denounces Inge. (Recd. Oct. 13 at 7.40 p.m.) LONDON, Oct. 13. Sir Alfred Mond, upon arriving back at Southampton from America, where ho has been interviewing leading financiers, denounced what he termed the “extraordinarily foolish pronouncements” of Dean Inge. The American newspapers, he said, were now full of pictures and headlines giving prominence to “the doom of the British Empire.” It was intolerable that business men, when engaged in difficult negotiations, should have to meet “this defeatist atmosphere,” and this giving of prominence to the decadence of Europe, and to America’s overwhelming superiority. BRITAIN ’S UNEMPLOYED. STILL INCREASING. LONDON, Oct. 12. Tho official returns show that there were 1,572,000 unemployed in Britain last week. This was an increase of for-ty-five thousand compared with the previous week, and an increase of 275 thousand compared with the corresponding week of 1925. These figures exclude the miners (about 700,000). BRITISH TRADE DECLINE. LONDON, October 12. Imports increased £3,789,000, exports decreased £10,055,000 and re-exports £2,443,000. The principal increases are:—lmports: Coal £7,748,000, iron and steel manufactures £1,609,000. The principal decreases arc:—lmports: Wood and timber £1,175,000, raw cotton £1.270,000, oil seeds etc. £1,182,000, rubber £1,193,000. Exports: Coal £3,656.000, iron and steel manufactures £1,686,000, cotton yarns and manufactures £3,505,000.