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The New International, July 1941

 

[Quotes]

 

From New International, Vol. VII No. 6 (Whole No. 55), July 1941, p. 151.
Transcribed & marked up by Einde O’Callaghan for ETOL.

 

“No one wants to make profits out of the country’s danger ... After providing for debenture service, provision for depreciation of $800,000 and reserving for our taxation liabilities of all kinds, the profit for this year is shown as just over $4,000,000, which is $70,000 more than last year.” (S.R. Beale, chairman of Guest, Keen & Nettlefolds, Sunday Times, June 30, 1940)

* * *

“His reply to the bankers who, in the first days of the war, had made $52,000,000 extra profit by increasing the bank rate, which had increased the cost of living by three points, was that they ought to hand back their ill-gotten gains before lecturing the working classes of this country.” (Ernest Bevin, March, 1940)

* * *

“Britain now has 1,024 millionaires. This is an addition of 107 in a year.” (The Bulletin, April 24, 1940)

* * *

“This war is, in one of its minor objectives, a war to make the world safe for the gold standard.” (Oscar Hobson, News Chronicle)

 
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