The Archive · 1926

Economy Scheme for Britain

Axe for All Departments: The, Proposals of Mr. Churchill London, Jan, 21.

"If the Government is. supported in the economy scheme which it has prepared, no addition to the burden of taxation need be necessary" declared Mr. Winston Churchill, Chan. cellor of the Exchequer, speaking to the Leeds Chamber Of Commerce! aday. He went on to add that if, the contrary, the economy scheme pulled to' pieces and whittled the bill must be paid. Hel announced that when Parliament met the Economy Bill would be me troduced covering the whole field expenditure,—Every sadepartment would be asked to make sacrifices. He declared that a policy of true would be incomplete if not provide for wise expenditure.

Mr. Churchill went on to say thas the Government's main constructive measure would be the great schema for electrical development. "If this, land is to continue to support its present immense population it can not afford to be behind part of the world in scientific organization id equipment. Science and good-ill are the only two horses strong]

rough to pull our wagon up the Wi" He mentioned that the coal subsidy would probably approximate £21,000,000, three-quarters of wh would go towards paying the wages of the miners.—Reuter,

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

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