PEACE
ITS FINANCIAL PROBLEMS ‘ As regards the post-war future, a moment’s reflection will show that peace will bring its own difficult financial problems and that we shall make it easier to face those problems if we continue to finance our huge war- expenditure on sound lines. “ The size and form and cost of our war debt will clearly have an important influence on our post-war policy. It. is even more important to realise that we shall undoubtedly be gravely hampered in dealing with post-war reconstruction and development if we have to embark upon them under conditions of inflation. “ I know that I shall have the assistance of members of the House in bringing home to our people that by refraining from spending and by saving and lending now to the utmost, we shall not oily keep our war effort firm and strong, but also help to attain the equally desirable object which animates us all—that of laying a sure and firm foundation for the advancement and progress of our people after the coming of peace.”—The Chancellor of the Exchequer, Sir Kingsley Wood.
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Bibliographic details
Te Awamutu Courier, Volume 64, Issue 4522, 12 January 1942, Page 3
Word Count
182PEACE Te Awamutu Courier, Volume 64, Issue 4522, 12 January 1942, Page 3
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