THRIFT “A MENACE”

Dominion, Volume 24, Issue 290, 3 September 1931, Page 9

THRIFT “A MENACE”

Labour View of Economies CAMPAIGN IN BRITAIN Adding to the Unemployed COUNCILS’ SLASHING CUTS By Telegraph—Press Assn.—Copyright. (Rec. September 2, 8.15 p.m.). London, September 2. The "Daily Herald” features what It calls the “menace of the false thrift mania.” It complains that Tory municipalities throughout the country are making slashing cuts in expenditure and are setting up special economy committees.

The "Herald” pleads that zeal In economy Is valueless If It Increases the number of unemployed. Following up the “Herald’s” lead, Mr. Arthur Greenwood, ex-Mlnlster of Health, in an article entitled “Too Dear Economy,” says that panic action has never saved the nation. It would be suicide, he contends, to restrict social services. EXAMPLE OF CABINET Followed by Local Bodies SPENDING TO BE HALTED Official Wireless Rugby, September L Questions of local government are closely affected by the measures of national economy, and there are many signs that local administrative bodies are preparing to follow the lead of the Central Government. In the case of the London County Council, the annual expenditure of which is about £40,000.000, proposals Involving heavy expenditure are being held In abeyance, and economy plans are being prepared and will be examined by a meeting of the chairmen of the council’s various committees. Several other local councils have set up economy committees.