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Second Impression.

Committee on Currency and Foreign Exchanges after the War (the Cunliffe Committee), 1918.

"The system advocated by the Committee has therefore no relation whatever to the needs which must arise if the full employment of all the prime factors in the production of wealth which this country possesses, is undertaken. On the contrary, what the Committee say in effect is: ''No matter what may be the economic and commercial requirements of the inhabitants of these islands, regardless of the extent to which the land, labour and capital of Great Britain are capable of being usefully and profitably employed, only such a proportion of such requirements shall be supplied, and only such an amount of those factors shall be used as our pre-War financial system is able to furnish.'' The Nation's toes will have to be amputated in order to make the feet fit the boots we have provided!"
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