REVIVAL OF TRADE
POSITION IN BRITAIN Speaking at tlie City of London Tradesmen’s Club, Mr Douglas Hacking, Under-Secretary for Home Affairs, said that there were over 500,000-more men at work in Great Britain than there were 12 months ago. In wluit were called the depressed industries they found now actual progress—iron and steel, coal, shipbuilding and the wool and distributive trades. There could be no doubt about the advancemen in home trade. In the metropolitan area alone the total of cheques and bills passed through the Bankers’ Clearing House last year averaged £1,000,000 a month more than in 1932. There bad been a drop in imports, largely owing to reduction in the quantity of goods manufactured abroad, while the import of raw material to employ labour at borne had risen by £16,000,000 in tlie year. Another fact which gave hope for the future was the larger number of new companies which wore being formI ed.
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Nelson Evening Mail, Volume LXVI, 9 April 1934, Page 2
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155REVIVAL OF TRADE Nelson Evening Mail, Volume LXVI, 9 April 1934, Page 2
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