POLITICAL TEAM

Hawke's Bay Tribune, Volume XXI, Issue 303, 7 December 1931, Page 8

POLITICAL TEAM

BRITAIN’S NATIONAL CABINET. HONESTY AND GOOD FAITH. London, Dec. 5. “I am speaking of a position unprecedented for many years when I am unable to deliver the goods myself”, said Mr Baldwin at Aberdeen. As a member of the National Government 1 can only say 1 hope I may be able to do so. It is not easy for men, who hitherto have been antagonistic on many subjects, to reach a common agreement. It is like a team of niternational football stars having to learn team work, but we are going to make the team able to play any team in the country.” He pointed out the exact figure of the adverse trade balance was unknown; probably it was £100,000,000 per year. Until this was rectified the stabilisation of currency wr.i impossible, but the internal value of the pound was steady, for which we had to thank the balancing of the Budget, the confidence of our own people and the world in the Goverment’s honesty and good faith. “I am convinced there is no reason for anxiety about the sterling drop abroad which is due to seasonal reasons and also the payment for unusual amounts of imports with which the Government is dealing.”