CONFIDENCE AND TRADING

Mt Benger Mail, 26 April 1933, Page 2

CONFIDENCE AND TRADING

MISTAKE NUT TO SPEND. “And now just a lew words wit it regard to trade generally, said Sir David Milue-W atsoli, chairman of the Great London (las, Light, and Woke Company. “From the observations we are able Jo make in this company, in London at any rate,” he went on, “there seems to be a slight revival in trade am! business-- but only very slight. “What we fee! is wanted is confidence. and if only people would -get that confidence and begin to -pi ml mom\ again 1 am sure that then would very soon He an improvement. As i said mst year it i- a great mistake on the part o' j.nyoip who has money a 1 the on > lit moment not to spend J v.fisi ■ v Trade can never be restored unless those who have money ar- prepared to exchange it lit' goods. “The banks are full of money * ii,, iir, si lit time, for which they pay very litt’e interest, as those V, ho b aw it oil lb posit with them :.11 fully ;iwan , it would be in-Ihit.-B U is. !■ for people to Use n ir mom y in purchasing goods pd giving work, as that is tin n !y way in which trade can he s ! going in this country.”