TOPICS OF THE DAY
Economic Front “There are still many engaged in various industries,” states Modern Transport, “who insist that the present is no time for consolidating or expanding the goodwill of their businesses, or for making an effort to retain or extend the country’s export trade. ‘First of all,’ they argue, ‘we must win the war.’ Such an attitude would seem to be based upon a complete misapprehension of the very meaning of ‘winning the war’; it suggests, indeed, preoccupation with the need to build up the nation’s ‘striking arm’ to the exclusion of the needs of the body which alone can give that arm the strength to deliver its blow. It seems to be overlooked—in spite of the almost wholly economic nature of the warfare which has been waged up to the present—that the greatest danger which can threaten the fighting forces of a nation is a breakdown of the economic system, and that, consequently, failure to take advantage of opportunities for maintaining or expanding trade must constitute a direct blow at our ability to ‘win the war'.’*
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Bibliographic details
Waikato Times, Volume 126, Issue 21036, 12 February 1940, Page 6
Word Count
180TOPICS OF THE DAY Waikato Times, Volume 126, Issue 21036, 12 February 1940, Page 6
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