SUSTAINED EFFORT
" That in times such as these we should be balancing our Budget and even anticipating a surplus has been hailed as a matter for high congratulation, but we shall be very unwise if we leave the matter there. It is only by a supreme and exhausting effort that the nation has been able to achieve this result," writes Sir Robert Home, M.P., ex-Chancellor of the Exchequer in the Daily Express. Such a struggle cannot be long sustained at this level. We cannot go on spending one-third of the nation's income on national and local taxation without drying up the sources of energy, neither can we continue to make crippling inroads on the country's capital by using vast sums raised by death duties to meet current obligations without a steady and inexorable impoverishment of the people. There ought to be a relentless effort to reduce the costs j of government; otherwise not all the heroic sacrifices of the finest people in the world will save from vicissitude the land they serve so loyally."
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Bibliographic details
Waipa Post, Volume 44, Issue 3195, 25 June 1932, Page 3
Word Count
174SUSTAINED EFFORT Waipa Post, Volume 44, Issue 3195, 25 June 1932, Page 3
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