T.U.C. AIM
PUBLIC OWNERSHIP OF INDUSTRIES
«t> v. LONDON, October 2. Public ownership of industries is vital to the national life and must be maintained as the foundation on which post-war reconstruction will rest/ declares a special report issued by the general council of the Trade Union Congress. It says that certain industries are of such vital importance to the life and well-being of .the community that their immediate transfer to public ownership is essential.. They are, notably, the transport, fuel, and power and the iron and steel industries.
The council urges that the main effort should be directed after the war towards the nationalisation of the railways and coal mines. '^TJ 1? torm ,of organisation for all publicly-owned industries should be a p jbiic corporation established by Act or Parliament to take over all the undertakings within a particular industry," the report says. It also recommends some form of. public regulation of the cotton and woollen textile industries and industries at present m the hands of one combine, such as heavy chemicals,- cement, rayon, soap, margarine, tobacco/and non-ferrous metals.
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Bibliographic details
Evening Post, Volume CXXXVIII, Issue 82, 4 October 1944, Page 5
Word Count
180T.U.C. AIM Evening Post, Volume CXXXVIII, Issue 82, 4 October 1944, Page 5
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