ESSENCE OF FIGHT

Auckland Star, Volume LXXVI, Issue 120, 23 May 1945, Page 5

ESSENCE OF FIGHT

BRITISH INDUSTRY

Labour Party's Socialisation Programme LONDON, May 22. The real fight between Labour and its Conservative opponents at the forthcoming general election would be on economic and. industrial policy, said Mr. Herbert Morrison, speaking at the Labour party conference at Blackpool. ' The essence of this fight would be the future of British industry, ensuring full employment, control of financial institutions, agriculture and housing. f • Mr. Morrison described this policy declaration as embodying Labour's five-year plan. He said: "We will take certain industries in our first period of power and socialise those which require socialisation first on a basis of suitability and urgency. "It will keep up pretty busy socialising this block of industry in the course of a five-years Parliament. We cannot tolerate key industries and financial institutions being muddled or built into antisocial totalitarian monopolies." Mr. Morrison added that it was no good saying they intended socialising electricity, fuel, power or transport because it was in accordance with the Labour party's principles. The electorate would expect to be shown why they wanted to do this. They must prove their case each; time. They must socialise in the public interest. That must be the test.