FINANCES AFTER WAR
“WHY SHOULD WE BE POORER?” VIEWS OF SIR WILLIAM BEVERIDGE (Rec. 10.25 a.m.) London, Jan. 9. “The people of the United States don’t talk like some of our leaders about being poorer after the wcr. They are more sensible than our professional pessimists,” declared Sir William Beveridge in a speech. He added: “Just before this war we were, on an average, much richer than 25 years before, with the standard of living about 30 per cent higher in spite of the first world war and in spite of the decline of international trade and the mass of unemploymeni which followed. “The only experience we have had of war is that it does not leave us poorer .Why should we be poorer after this war? There will have been some material destruction, but we shall have the same people with a great increase in capital and equipment and many new technical inventions. I hope that above all we shall have a new social invention enabling us to do without unemployment.”
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Bibliographic details
Nelson Evening Mail, Volume 79, 10 January 1944, Page 2
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172FINANCES AFTER WAR Nelson Evening Mail, Volume 79, 10 January 1944, Page 2
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