5 JULY 1935, Page 6

Economy Cuts and Cinema Taxes The last of the economy

cuts arc now gone. On Monday the old rate of pay was restored to soldiers; sailors, teachers, policemen, panel doctors, civil servants, judges, M.P.'s, and Cabinet Ministers, and simultaneously certain remissions of taxation affecting the poorer classes came into effect. All this is triply beneficial. It is an evidence of the country's slow but definite financial recovery—which railway traffics, foreign trade figures and unemployment statistics confirm. It gives families living under the limitations of .rigid economy access to various comforts or pleasures denied them at present. And it gives a real stimulus to retail trade, for it is safe to assume that the increased family income means increased custom for the local shop-keepers—whose own difficulties have been too little appreciated.