849R. W. M. Wiggins to Harrod, 4 October 1938 [a]

Follows on from 835 R, continues at 853 R. Wiggins thanks Harrod for a letter of September 19 (not extant), with some objections to the pamphlets; these have been revised accordingly. [1] In particular, in Part I it was emphasised that foreign exchange policy is only one of the factors affecting fluctuations, whose prevention must thus be supplemented by a public works program.

  1. 1. The Federation of Master Cotton Spinners' Associations and the Parliamentary Monetary Committee, "The Trade Recession" (1938). Harrod's collaboration with the Federation of Master Cotton Spinners' Associations and the Parliamentary Monetary Committee eventually led to an invitation to pronounce a speech before the House of Commons Monetary Committee on 10 November 1938 (the speech is reproduced as essay 20 ; see in particular note 1 for a description of the context in which this took place).
    1. a. From the Federation of Master Cotton Spinners' Associations Ltd., Manchester # , one page TLS, addressed to Christ Church, in HP IV/1304-1309/33.


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