LONG-TERM POLICY

Dominion, Volume 25, Issue 69, 15 December 1931, Page 9

LONG-TERM POLICY

Work of British Cabinet DEBTS & FISCAL QUESTION Official Wireless, Rugby, December 13. The Parliamentary recess will be used by the Government as an opportunity for continuous work on problems still awaiting solution. The session which has just closed was to enable emergency measures to be carried into law, and now Ministers have to decide upon the lines of a long-term policy. The Prime Minister has forecast a comprehensive statement soon after the reassembly of Parliament on February 2, though the full development of the Government’s proposals will probably have to await the Budget Statement. Two subjects which it is generally expected will occupy the time of Cabinet during the recess are: First, the international conference on reparations and debts, which it is assumed will take place soon after the experts at Basle have completed their report; and, secondly, fiscal policy. Cabinet will be in session continuously next week. Later, the Prime Minister hopes to get away to Lossiemouth for a short rest. It is understood that the Board of Trade will probably issue another order under the Abnormal Importations Act, making some alterations in presenting orders as the result of experience, and subjecting certain new categories of goods to duty. This will not apply, however, to iron and steel, for dealing with which the Government is understood to regard an Emergency Act as indisputable.