PLAYING THE GAME!

Grey River Argus, 24 May 1935, Page 5

PLAYING THE GAME!

OF THE MONEY LENDERS Should U.S.A. Resume It (Aus. and N.Z Cable A«snA LONDON, May 22. In the House of Commons, the Finance Bill was read a second time bv 265 votes to 47. Sir A. Samuel, in the course of the debate, expressed the opinion that Britain should not attempt the stabilisation of her currency until after the next Presidential election in the United States. Before stabilisation, the Lnited States should be asked whether it was prepared to lend money abroad, and .to play the game which other creditor nations played, and whether it was prepared to take goods from those willing to send them. Mr. N. Chamberlain, replying, emphasised that, u We had not reduced our payment to America to a token payment until after there were suspended payments that were due us, and we could not resume payments, unless payments due to us were renewed.” He said the standard of life of the British people had improved, trade was not bad, and, in many cases it was booming. The difficulty in many districts was not to find work for the unemployed, but to find men qualified among unemployed to do the available work. There was a shortage of skilled men through the country. This was going to be one of the difficulties that the Government would have to face during the coming year.