IF LABOUR RULES.

Auckland Star, Volume 55, Issue 2, 3 January 1924, Page 5

IF LABOUR RULES.

BRITAIN'S CREDIT ABROAD. NO NEED FOR PANIC. LONDON, January 2". Mr. J. H. Thomas, Labour M.P., speaking at Derby, said that attempts by certain sections of the Press to frighten the people would be amusing but for the bad effects abroad, where people were forced to the conclusion that Britain was plunging headlong into bankruptcy. "These people." said Mr. Thomas, "cannot really believe that Labour is ignorant of the value of British credit. If Labour is called upon to take office it will be unfettered by any alliances or agreements. It will be a grave political risk, but it is necessary tor the party to do its duty in carrying on the King's Government. We shall attempt to establish peace abroad, and having no past entanglements, we ought to have a good chance to succeed. AYe shall also attempt to substitute work for doles, which are demoralising the people. So we are entitled to ask for a fair deal."— (A. and N.Z. Cable.) MR. MACDONALS'S CABINET. (Received 1 p.m. LONDON, January 2. It is reported that Mr. Ramsay Mac Donald has offered the Colonial Secretaryship to Mr. Sidney Webb. — (A. and N.Z. Cable.) Sir Guy Gaunt, addressing "a meeting of women unionists, advocated the formation of a strong constitutional party, composed of moderate Conservatives and Liberals. —(A. and N.Z. Cable.)