INDUSTRIAL POLICY

Evening Star, Issue 25956, 22 November 1946, Page 8

INDUSTRIAL POLICY

ENDORSED BY MANUFACTURERS' FEDERATION Satisfaction with the National Party’s policy covering manufacturing industries has been expressed by the president of the New Zealand Manufacturers’ Federation, Mr W. J.- Truscott. He said it would be satisfying to members to read the definite statement of the party’s policy relating tb manufacturing, and to learn that nothing would be done to endanger it as a major and necessary feature of the national economy. “ Although our manufacturing organisation as such is strictly nonpolitical, it is necessary for us to keep a watchful eye on the policy of the two main political parties where industrial issues ‘ are involved,” Mr Truscott stated. “ Particularly in the first election year after the war, manufacturers are perhaps more politically conscious of the point of, view of their industry than ever before.” The announcement of the National Party to establish a Board of Trade with general functions as outlined by Mr Holland was most satisfactory, _Mr Truscott continued. A proposal similar in principle was adopted by the Manufacturers’ Federation in 1943, and the federation had strongly advocated its adoption as a permanent feature of the administration, as had been done in Australia with the Tariff Board. • While manufacturers might disagree with Mr Holland in certain details of the function and composition of the Board of Trade, it was gratifying to know that his party recognised the necessity of protecting and fostering sound manufacturing pursuits. (Published by arrangement, National Party.')