In 1914 the unions would never have deemed it their business to concern themselves with the bank rate and credit policy; today they realize that these matters lie at the heart of their problems.
Harold J. Laski: “In 1914 the unions would never have deemed it their business to concern themselves with the bank rate and credit policy…”
Editor's note · Context
Laski illustrates how trade unions have come to recognize the importance of financial policies in their operations since 1914.
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