The Archive · 1923

The Trade Revival in Britain

By Cynthia Maguire

Miss Maguire. who recently spent some months in Shanghai, has been a close follower of Labour questions both at Home and abroad, during and since the war, Travelling extensively as she does through the industrial centres of Britain and being in touch with leaders on both sides, she is able to write with no small authority. The present article is in welcome. contrast with other gloomy reports of the growth of communism at home.

It is an encouraging thing to return to England in these days. There is still unemployment and there is still distress but things are taking a decided turn for the better and there seems no doubt at al] that the trade revival has come to stay.

Many speeches have been delivered recently by experts in the matter, and much has been written on the subject. There are various points of view. There is the man for instance, a coal" exporter, who warns people against undue optimism as_ being prejudicial to progress, and there is another, ex-President of the Federation of British Industries, who urges the value of an instinctive belief in brighter prospects. This is a matter of temperament, but everywhere both the wary and the optimistic are. unanimous in their belief in better days. Trade has improved, and im 1923 we may expect greater things still.

Text read from the printed page and cleaned; old type leaves the occasional error.

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