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BUSINESS, WAR

IS ON .(HORIZON CHICAGO, Nov. 21. ' Sir Charles Addis. British financier. Oft. Tliuiteday visioned , the world gripped in a disastrous business war uiileSS nations reach an adequate trade uihltirstanding. .7 .Sucll ij- war. Sir Charles said, would' bo fought with" tariffs, credits and trade orders.

In analysing the international unemployment situation and trade depression, the British banker said there ate 10,000,000 unemployed in Grout Britain, Germany and , the United States, while at the same time enough stores of foodstuffs and' textiles'have piled up unrpurchased. - . . A market cannot be found for .this surplus, ho. said, because of interntional trade misunderstandings. Sir Charles is a director of the Bank, of England and of the International think of ,Hcpui'ations,,vScltUnnciiiS, v .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19301231.2.110

Bibliographic details

Poverty Bay Herald, Volume LV, Issue 17454, 31 December 1930, Page 10

Word Count
119

BUSINESS, WAR Poverty Bay Herald, Volume LV, Issue 17454, 31 December 1930, Page 10

BUSINESS, WAR Poverty Bay Herald, Volume LV, Issue 17454, 31 December 1930, Page 10