BEFORE THE STRIKE,

Waikato Times, Volume 100, Issue 16816, 7 June 1926, Page 8

BEFORE THE STRIKE,

CONDITIONS IN ENGLAND. . “Theoretically, tilings are not good in England,” said Mr P. W. Dunlop, vice-chairman of Edwards, Dunlop and Co., who returned by the 8..M.5. Maloja from a live months’ t rip to Europe. “Board of Trade figures,” lie continued, “show Dial neither her export nor import trade is really making substantia! progress, and it is hard to find anyone in business cireies who talks cheerfully. Yel, during the lime i was there, from the end of January to tin; end of March, the weekly figures of unemployment continually fell, it will surprise me if they are not down lo three-quarters of u million before the end of this year. The dole is still ail imperative necessity, and must be regarded as part of Lite great price England lias had lo pay dirccllly or indirectly through tlie war. “Moreover, tlie spending power of the people seems unimpaired. The Ihealrcs were crowded, hotels and restaurants were full. The balance sheds of many representative public companies showed increased anil excellent profits. The big Loudon si ores go on breaking records. “Building operations in London continue on an unprecedented scale, and Micro was nothing to suggest lo a visitor Iha t any depress inn existed. 1 lie iron ami steel trades have been xerj slack for a long lime, and are responsible for a lot of unemployment. But betterment in those big industries can only come as a result of trade conditions improving throughout Europe.