The Archive · 1935

BRITAIN TURNS THE CORNER December Figures Give Proof of Recovery: Revenue Lower

London, Jan. 2.

Further testimony that Great Britain has turned the corner on the, ong, long road to prosperity is afford ed with an analysis of the unemployment returns in all industries, With the exception of the woollen and hosiery "trades, substantial are recorded in all Industries as compared with the position at the end of 1953, In the coal-mining industry unemployment showed a decrease of 35,833, while the decrease in. the industry was "even greater, the gute being 42,732, No previous December since the depression frst visited Great Britain showed such an all-round high level of employment, The bankruptcy returns—always a ood index of commercial prosperity showed decreases in both England fand Scotland, as the following figures will show:

Dec, 1994 Dee. 1000]

tio Bankruptcies among farmers showed substantial decrease, the number In December, 1934, being 217 as compared with $17 In the corresponding Deriod in 1993. This is hailed as proof of the general improvement' in agriculture.

Is estimated that the production of wheat in England and' Wales 1084 was 11 per Gent. above the lovat for 1933. All the com crops, as well fas those of potatoes "and marigolds, exceeded the average of the past ten years,

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

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