BUILDING SUBSIDY

Evening Post, Volume CXVIII, Issue 50, 28 August 1934, Page 10

BUILDING SUBSIDY

A MONTH'S APPLICATIONS

During the first month of tho operation of the new building subsidy scheme just under three hundred applications for subsidies were received by the Unemployment Board. • Of these 217, involving works to the total value of £133,088 and providing work for 897 men, have been approved and 65, involving works to the value of £40,684 and providing .for 244 men, have been declined.

It was explained last evening by the Acting Minister of Employment (the Hon. J. A. Young) that the applications declined were in respect of work which was not deemed to come within the scope, of the scheme, or was work which, in the opinion of the Unemployment Board, would proceed without the assistance of subsidies. It was not the intention of the board to grant subsidies to. those people who had already undertaken building operations without expecting assistance through unemployment schemes. ' Of the total cost oi' tho works approved by tho board, £115,787 represented the amount which would bo paid directly or indirectly in wages. The/ Unemployment Board would find approximately £11,237 in subsidies.