There are signs of the pendulum repoting again to. swing in. the rection of recovery. declared Sit John Simon, Chanecltor of the Ex chequer, in addressing' the National Union Gt Manufacturers yesterday, With an international situation '50 troubled and uncertain as the present one, he added, even limited Indiea~ tions of improvement become doubly significant and encouraging and there are such signs.
'There is, continued Sir John Simon, Jan industrial quickening in America, [which is bound to have repercussions fon world trade, while the Agures. of Britain's own' industrial activity, when an allowance is made for time: lag, also show signs that the United Kingdom is being' benefited by' the upward movement.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.