BRITAIN'S UNEMPLOYED

Auckland Star, Volume LIV, Issue 220, 14 September 1923, Page 5

BRITAIN'S UNEMPLOYED

! - ■ i — —~ - "NOT MONEY, BUT THINGS." THE ROOT OP THE TROUBLE. COMPARISONS WITH USA. (By Cable.—rress Association.— Copyright., (Received 9.30 a.m.) LONDON, September 13. Mr. C. A. MeGurdy, M.P., in his second article in the "Daily Chronicle" on unemployment, says: "It is measured not by money, hut by the things money buys. The real wages of the American worker are probably more than double the British workers. This is due to protection or prohibition. I don't think the difference existed loop before the war. '"The official returns for 1907-9 showed the American productive capacity, man for man, was 2} times that of Britain. The explanation is partly psychological and partly material. The American manufacturer does not believe in the doctrine of limited markets, and the American worker has no use for canny methods. "Tlie Americans abandoned the fallacy of restriction of output 30 years ago, just when British workers adopted 'ca cannyism.' "As Lord Lcverhulme recently showed. 4.000.000 British workers each" produced £75 to £100 worth of goods annually. In America's chief industries the per capita production was three to fiye times as great. The result is the British worker is going short of half the wealth he should bo first producing and then consuming. "American experience shows that efliient production is the cause and not the effect of expansion of the home market. Wo talk too much about the overseas market and production for more foreign trade. The lirst step must be tbc removal of the worker's sense of distrust and insecurity, and the feelinc that improved methods of production mean I unemployment."—(A. and N.Z. Cable.) j