The Archive · 1941

Urges Reforms

Prevent Inflation

Lord Simon Says British Plea Made for Improvement Savings Increasing In Britain's Economic and London. Feb. 15.

Social Order The Government had a twofold problem to solve in its efforts to avoid London, Feb. 13.

A vigorously worded plea that members of the Church of England should identify themselves more closely with social and economic reform coupled with a criticism of the existing social order has been issued by the Archbishop of York.

The proposals which the Archbishop advances embody the view expressed at a recent Church of England Conference.

On the subject of the rights of property, the document stated that all citizens should be enabled to hold such property as would contribute to morale, to independence, and to spiritual freedom, without impairing contrary to social welfare, they should be over-ridden, modified or abolished. inflation, declared Lord Simon at Worthing yesterday,—paying for the war. and inducing people to restrict the spending of money by saving.

Referring to two popular forms of investment, Lord Simon said that he believed that National Savings Certificates subscribed for so far, reached the total of £220000,000, while three per cent. bonds issued totalled £218,000,000.

In addition there had been an increase of approximately £150,000,000 in the amount of deposits in savings banks.—Reuter.

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

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