RECONSTRUCTION AFTER THE WAR

Press, Volume LXXVII, Issue 23447, 30 September 1941, Page 10

RECONSTRUCTION AFTER THE WAR

VIEWS OF MR JOHNHOGAN Principles which he considered should guide the world in the pn>o* lems of reconstruction after the wa were outlined by Mr John Hogan, tn Australian economist, in an address i the Christchurch Businessmens Uuu yesterday. , If the otherwise inevitable collapse (which after the last war was avert only by huge expenditure on ann» ments) was to be averted, the would have to get right away; the idea that the whole economic sys tem was based on finding work io people. He contended that on the basis of social credit—rather than m “Aunt Sally” social credit which critics put up to knock down again— the issue of money should be based on a country’s physical -r. ■ ... jf'i fic proposals, including the subsidising, of retail prices, had been put forwaro by the New Zealand Social Credit Movement 12 months ago. and had no been attacked. Pants of them were now being put into practice in Britain and in Australia. . J Post-war reconstruction was not a thing of the far distant future, said Mr Hogan, but an immediate necessity. Some hundreds of men were already back from this war, and the arranger ; ments made for them so far reflected credit on the national policy or administration. Mr V. G. Spiller presided.