The Archive · 1932

Economy Plea by Chancellor

London, Oct. 22.

National economy was the theme. lof an address by Mr. Neville berlain, the Chancellor of the Ex-Jehequer, at the laying of the foundation stone of the Birmingham Municipal Bank to-day, The Chancellor advised all who Jeculd afford it to save. something Jagainst times which might be more trying than to-day. However, he dejelared, "do not get the mistaken idea that you are performing a public service by keeping money in Mr. Chamberlain sai satisfied that for the present both' the national and local authorities ought to confine themselves to productive expenditure, It was idle to: pretend that the end of our troubles. was in sight, declared the Chancol-Jor, but there were indications that [the rising tide of unemployment had been arrested. There were mote solid prospects, he added, for the beginnings of recovery to-day than at any time since the Government took office—Reuter.

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

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