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Mr Ramsay MacDonald’s Views on ‘Reprehensible Transactions’
DAMAGING WORLD CREDIT CABINET’S DETERMINATION (United Pres*. Association-By Electric Telegraph Copyricht.) Received 3 p.m. to-day. LONDON, Eeb. 27. The Prime Minister, Mr Ramsay MacDonald, speaking at Doncaster, referred to “reprehensible financial transactions by people commanding good credit.’’ He said it was unfortunate that such transactions besmirching Britain’s probity and damaging her world credit had occurred when the Government was restoring confidence and the country was recovering. It was selfish recklessness. People said the Government "were shielding delinquents. The Government was doing nothing of the kind, but was not being panicky, though aware that that kind of thing was not characteristic of a Christian state of society. Cabinet’s crime was that it was determined to do everything to keep the national combination together, consonant with national wellbeing. “When I gm no longer satisfied that I can pull my full weight I shall require nobody to tell me what my duty is,” lie concluded.
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Bibliographic details
Hawera Star, Volume LIV, 28 February 1935, Page 6
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161PROBITY BESMIRCHED Hawera Star, Volume LIV, 28 February 1935, Page 6
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