TALK OF SLUMP.
QUESTION IN HOUSE,
(British Official Wireless.)
RUGBY, Dec. 14. The Prime Minister (Mr Chamberlain) replying in the House of Commons to a request for a statement of the Government’s policy “to meet the unemployment problems that threaten the country in view of the oncoming slump,” said: “I do not accept the implication in the question. I consider any talk of an oncoming slump not only exaggerated, but also dangerous. This country is in a far better position to meet any temporary decline in trade than at any time since the war.” MARKETS CHEERFUL. Received December 16, 12.30 p.m. LONDON, Dec. 15. Mr Neville Chamberlain’s statement has had a marked effect in the city. Sentiment is generally more cheerful and prices are hardening, especially in leading industrial and oil issues.
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 16, 16 December 1937, Page 9
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132TALK OF SLUMP. Manawatu Standard, Volume LVIII, Issue 16, 16 December 1937, Page 9
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