Ogden Standard-Examiner | 1921-02-18 | Page 2 | Banks Asked to Support Trade

BANKS ASKED TO SUPPORT TRADE Great Britain Sees Need of Putting European Nations On Feet LONDON. Feb. IS. (By the Asso-i Asso-i elated Press.) The premier, speaking speak-ing hi i he house of commons last 1 nlKht. appealed to the banks to take a fair share In the risks of granting (credits for tho impoverished Euro-I Euro-I pean Countries and thus aid In tho development of trade. He argued that trade was equally bad In all countries, hence one must UppOSe thai the governments were SQUally bad In OVery country and t h. t trade would never revive until all count ties were ruled by an anti -waste league. L1TTI.T DI8TR1 BS "We have nsvsr had a great period pe-riod of unemployment with less distress," dis-tress," he said, "becnuso heretofore there had been no state provision of any kind, while today twelve millions mil-lions of people are Insured for IS shillings weekly against unemployment. unemploy-ment. Moreover, the country has spent forty millions In providing for i unemployed former service men." He emphasized the baffling nature of the Austrian problem ow.nir , I the breaking up of the Industrial Slid commercial machinery, und also al- . ludeil to the Immoderate outburst of I nationalism In all countries, saying! I "Wo have It here. In France, in America--a Fort of feeling that you must build a wall nil around and j never hand cup to your neighbor. Peoples forget that countries are ln- J tordependent. 'Love your neighbor' is not only sound Christianity, but good business." LABORITES CITHER. This was greeted with Iaboii'e i cheers and shouts of "come over here." "Central Burope will be paralysed until It begins to feel a little more neighborly, and It Is the business of this country to lead the way again In j tb!s international task," he said. The amendment to tho address from the throne Introduced yesterday I by John Robert dynes, Iaborile. ro-grottlng ro-grottlng the government's failure to deal adequately with unemployment. I was rejected. 2f2 to Si.