INDUSTRIAL AND FINANCIAL UNREST
A BANKER'S STATEMENTS. (Press Association.—Copyright.) LONDON, July. 13. Mr Lloyd George, speaking" at the Bankers' Institute dinner at the Mansion House, said the international situation was never better, and there was nothing to • create uneasiness. The prosperity "of .trade was sound, and likely to endure. The injury .anticipated through the coal strike had not been realised.'He did not anticipate further overpowering labour troubles. Mr Alfred Cole, Governor of the Bank of England, said that in the' last twelve months there had been great industrial and financial unrest, and the feeling of insecurity with regard to home investments continued* encouraging investments abroad. Taxation had severely hit breweries and .land. Consols were at the lowest, point in the present generation. The situation' demanded the most sfirious attention- for ..what would be the position ofHhe Government: if it -■ wanted .to borrow on. a large scale? tHe attributed the forcing down ■ of-giltr-edged securities • largely' to thedeath duties totalling £159,P00,0C9 in six years. j
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Nelson Evening Mail, Volume XLVII, 15 July 1912, Page 7
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163INDUSTRIAL AND FINANCIAL UNREST Nelson Evening Mail, Volume XLVII, 15 July 1912, Page 7
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