RECOVERY OF BRITAIN

Taranaki Daily News, 26 September 1933, Page 7

RECOVERY OF BRITAIN

VARIOUS HOPEFUL SIGNS

WHOLESALE PRICES RISING

CLAIM MADE TO CREDIT

NATIONAL PARTY’S POLICY

British Official Wireless.

Ree. 5.5 p.m. Rugby, Sept. 23. The Prime Minister, Mr. Ramsay MacDonald, appealed for continued unity and support of the National Government at a public meeting at Kilmarnock. He claimed that the strong position of Great Britain, both financially and industrially, was the result of the Government’s work during the period of extreme difficulty.

Mr. MacDonald pointed to the rise which was taking place in wholesale prices, describing this as one of the most scientific ways of increasing both the demand for labour and the wages given to labour, and pointec. out that meanwhile purchasing power had also been maintained. Trade was showing many hopeful signs, and British currency . had earned the confidence and respect of the world. There had also been a fall in unemployment of nearly half a million since the beginning of the year. \

The Government was working to increase world consumption and secure by various means a proper share for Britain of that increase, Mr. MacDonald paid