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Britain In State Of Flux

(Rec. 1.30 p.m.) LONDON, May 16. Mr W. S. Morrison, Lord President of the Council, interviewed, said that until they could get more people into the textile industry they must resign themselves to clothes rationing continuing indefinitely. Mr Mornson added that, looking at the fuel situation, industrial production, manpower, balancie of payments and the general attitude of the nation, everything was in a state of flux. There had not been, so far, any bad drop in the exports, but the increase they should be getting in 1947 could not begin until the effects of the fuel shortage were overcome. April export figures would be just over £82,500,000, compared with an average of £83,000,000 for the first quarter of 1947. They were trying to run a much busier and more productive economy than before the war, with more workers in jobs, but without enough fuel, raw materials and food to support the effort. The balance of payments’ position had turned badly against Britain.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19470517.2.51

Bibliographic details

Northern Advocate, 17 May 1947, Page 5

Word Count
167

Britain In State Of Flux Northern Advocate, 17 May 1947, Page 5

Britain In State Of Flux Northern Advocate, 17 May 1947, Page 5