Page 3, 14th February 1964
Page 3
Report an error
Noticed an error on this page?If you've noticed an error in this article please click here to report it.
Tags
Share
Related articles
This Desperate Problem Of Accommodation
University Economists Conference
New Plea To Keep Public Schools
How Can We Learn From Anglicans?
Y.c.w.
Y.c.w.
'HAVE-NOTS' NEED TRADE, NOT AID
From Peter Okell MANCHESTER, Tuesday..
A PRI -ST-ECONOMIST told a Manchester audience last week that the "have" countries, in stressing world hunger, were in danger of missing the real problem of the "have-nots".
Paradoxically, he added, hunger and over-population were not the major problems. The real problem lay in the economic field, though massive emergency aid in the form of food is urgently needed. Speaking at the Manchester Newman Circle and the Sword of the Spirit, Fr. John Fitzsimons, parish priest of St. Timothy's, West Derby. Liverpool, a former economics lecturer at Notre Dame University, declared : "We must accept the burden of assisting people in the underdeveloped countries for the next 30 or 40 years. But this must pot be blind charity to salve our consciences. What is needed is social justice." Fr. Fitzsimons said that in 1957-8 there was a drop in the price of the primary products sold by the under-developed countries on world markets. At the same time, there was an increase the price of the manufactured goods they had to buy. The result was an overall loss to them of half a billion dollars, the equivalent of the total capital investment front private sources for that year." America, alone, he added. with about one-sixth of the population, had three times the income of Asia. Africa and South America. World arms expenditure in 1961 was equal to 80 per cent. of the income of all the under-developed countries.
blog comments powered by Disqus