Civil Estimates and Estimates for Revknue Departments, 1935 (Vote on Account).

Part of Orders of the Day — Supply. – in the House of Commons at on 7 March 1935.

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Photo of Mr William Mabane Mr William Mabane , Huddersfield

Well it is not true, because I have the quotation here, and lest the right hon. Gentleman's quotation should go on record, it is just as well that the correct quotation should be given. The Prime Minister said: Those who disregard the immediate situation and refuse definite and tolerable cuts, throw over employed and unemployed, wage-earners and rentiers alike, to the wreckage of complete collapse. … I emphasise the point. If there is a real panic, the value of money may not sink slowly and by small percentages but may wither to nothing. War pensions, old age pensions, health and insurance benefits become worth, as they became in Germany, only the price of a newspaper."—[OFFICIAL, REPORT. 8th September, 1931; col. 22, Vol. 256.]