THE WORKLESS.

Dominion, Volume 1, Issue 307, 21 September 1908, Page 7

THE WORKLESS.

DEMAND FOR GOVERNMENT ACTION. (iIY TELEGRAPH—PRESS ASSOCIATION—COPYRIGHT.) London, September 18. Mr. Alfred Mason, Liberal member of Parliament for Coventry, will introduce in the House of Commons an Unemployed Bill, unless tho Government does so immediately on tho reassembling of Parliament. CHEAP MONEY, BAD TRADE. "Britain to-day has more money than work. Redundant capital lies idle or at the unproductive interest of 1 per cent. Redundant labour is idle at the season when employment should be at its best." What, then, must be expected in the winter? These aro the lines along which the "Daily Mail" writes after a series of investigations. It partially ascribes the anomaly of cheap money and bad trade to capital's want of confidence. How long will the anomaly continue? Sir Thos. Whittaker, economist, temperance reformer, and Liberal member of Parliament, commentsln times of prosperity manufacturers extend their premises—and that provides work. When the boom ends they try to use their extended premises by underselling each other—and that does not improve wages. But money is rapidly accumulating in tho banks again, and unless anything occurs to shake public credit and confidence this capital will in duo course lead us on to another period of prosperity." Tho Glasgow Distress Committee estimates that in that city 6000 heads of families will require to bo provided for during tho winter; but funds aro exhausted. Tho committee has asked the Government for an interim grant of •CIO,OOO.