IF WAR HAD COME
"If we had waged a successful war, what would have become of it?" asked the Lord Chancellor, Lord Maughan, in a recent speech. " We would have Germany once more ground down. We would have many of our towns in partial ruins. Czechoslovakia would have gone, never to be restored again. In 1914, when the Great War broke out, the debt of Britain was £650,000,000. In the present year it was £8,000,000,000. If another war had resulted in prolonged hostilities it is as certain as I am here that the debt of this country would be so great that there would have to be an inflation and a
reduction in real wages. It would have been impossible to continue the social services at the scale they are now, and the people who would suffer would be the poor people of Britain."
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Bibliographic details
Otago Daily Times, Issue 23669, 29 November 1938, Page 11
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144IF WAR HAD COME Otago Daily Times, Issue 23669, 29 November 1938, Page 11
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