London, Feb. 13.
The Government adheres to its policy of avoiding inflation "by every conceivable means in our power" said the Lord Chancellor, Lord Simon, in the House of Lords yesterday, and he suggested that concern on this point was brought about by exaggerated or ill-founded arguments.
Lord Balfour of Burleigh said he was afraid that the vicious spiral of inflation was already in operation, and that the figure of interest in thi matter was the gap between expenditure and revenue, which he computed at about £600,000,000. He strongly supported the Keynes plan of some kind of deferred payment, particularly in the case of wage-earners who were getting substanti-hy larger earnings than before the Lord Simon, in repr; for the Government said that the word "intation" was used as though it was flationary influence at all Referring to the gap between expenditure and revenue Lord Simon said it was important to remember the over spect of this matter.—Reuter Ir. Menzi Inspec!
Benghazi Mr... Menzie: tralian Premier, left Cairo early on Tuesday morning in an R.A.F. bomber and was joi.ed at Tobruk by the commander of Aussie troops overseas, They inspected Benghazi and that night were the guests of the commander of Aussie forces in Libya. Mr. Menzies told ihe Australian troops: "Your deeds mean much more than the overthrow of the enemy. They can easily mean turning point in the history of the war.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.