The Archive · 1941

BUDGET RECEPTION

Aprit 10.

Further reports on Sir Kingsley Wood's latest Budget indicate that it has been received by the British public in precisely the manner that was expected. City men take jit philosophically as buyers and investors, jand approvingly as citizens. It would have [been strange if they had done anything else considering the criticisms that Sir Kingsley Jhad to face over his last endeavour to raise money for the prosecution of this war. The Budget itself is reinforced by publication by the Treasury of data revealing the extent of the national income documents which are reported to be just as frank as the financial maintained parallel to the actual front and not very many miles behind it, and it was a counsel of prudence that the Greeks decided not to make any great effort to defend that part of Thrace. Nevertheless the swiftness with which the Germans were able to proceed thing of a surprise, for it was carried out so quickly that Greek forces in western Thrace have been cut of, and, it is claimed by the enemy, have already surrendered, That would in all' probability be between the rivers Struma and Vardar, he intentions of the Allied command in Greece seem to have.been that if the Germans could penetrate the Vardar Valley no serious attempt would be made to defend Salonika, and the positions of the Greek and

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

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