A REAL DANGER
ECONOMIC BREAKDOWN. THE WORLD *IN DEBT. rress Association— Goyprigbt, AustraPress Association— (Vpvrigbt, AusLtJNDON* August 3. "There i<s a real danger of a world economic breakdown," said Sir George Paish in a speech at the League of Nations summer school being hold at Oxford. "The world has never before been in debf. so deeply. Jf there is a break in, world unity such a>s many leading authorities fear, the result will he widespread starvation, leading to revolution. Tn such a contingency the loss of life may bo greater than in the war. "America is giving credit on a scale which cannot possiblv last, and the world's leading bankers are of opinion that a great crash must < ome unless she changes her financial policy."
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Bibliographic details
Stratford Evening Post, Issue 70, 4 August 1927, Page 6
Word Count
125A REAL DANGER Stratford Evening Post, Issue 70, 4 August 1927, Page 6
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