POLITICAL SENSATION

Grey River Argus, 22 May 1930, Page 5

POLITICAL SENSATION

IN BRITAIN I I Over Unemployment (British Official Wireless.) RUGBY. May 20. I Sii! O. Mosley. Chancellor of th'' i Duchy of Lancaster, has resigee from the Ministry. lie 114 s ; been associated with ’h" i 7..0rd Privy Seal (Mr Thomas') is ie--I vising tb.e. , tsu'‘P:‘. for den! Ug W j • unemployment problem. Newspt'pc.Ts state, that Sir O. Mosley favour.-, holder measure* on lhe er-v-mplo;. meat piiobli m. Sir Oswald for some months ha* b? .n r.t loggerheads with Mr Thomas, who a few weeks a«go. tendered his resignation if Hip Cabinet d:d nnt restiaii' Sir Oswald’s rob Minus activit es. A majority in the Cabinet support -d Mr Thom:'.”. Jn the House of Commons, several »;ue-Lon ; On (■mpl'-vi.i uit malle’’s were, a. .d’K'ss d to the 1 u-d Privy S. al (Air J. 11. Thomas). 11- said that - the r<-iil‘ of IJ* .IN-u-s’.un with >epresor. t i ves or as- i' iat ons o| irnfor manufacturers and traders h" wa s confident that a w‘ i-1 uo-••perm i 1 i,:ort wa3 hoiiv: mad' 1 by lie 1 inlu-try to develop trade. H • added i’ heI.m n (Ic-u'-deJ I hat. ilm imluMry snoiilu I a l<u ;op. ( ( > orgi'.’i:-.* a • ej<r |>,; cnt at ve exhibit f Br’-Hsh motor products nt the British E- > , Trn.le Exhibit:™ at Buenos Aires next year. Ik' stated that rim Government of the Union of Sn-n’.i Africa had placed in England rn order /<-•■• forty—' -x thou*a|nd tons of srpol rails and vtiri- 1 ous permanent heavy accessories. Asked if in view of 'ho desi.rahir ty. of encouraging investin' nts in British industries b.y Bi'tish investors, he would reconsider the reparations loan under lhe Young Plan, the Chancel-! lor of t lie Mr Snowd n.l said the amount of reparations han; to bo. issued In Lo.ndnn would' be limited 1-o the British Empire’s shfFei of thc gross pipc«)P«Vs of ‘.lm loan, lii?, receipts bv th/s country would be| used to reduce the n:\Vional debt. Ini those- circumstances. no quest on; of in ler fey-neo with investment i n Br it i sb. .i ndu st ry. Cabinet Reconstruction (Received A Pry 21 at 9 p.m.) LONDON. May 21. 'fhc ‘'Daily Nows’’ says that Mt Ramsay MacDonald will probably n n; form prarMc.allv :i new Ministry. 'Pho paper • --. that Mr J. H. Thomas may 7>r given an import: nt Dominion post. Reason for Mosley's Actio :i j WILL MR. THOMAS GOi?> j J.ONDON, Mny 20. ' The “Daily Nows’’ points out that Si O-swrild Mosley’s ion f -l-j lows i'.k* ('abim'i ’s rejection of hisl uir 'tnp’.oymcnl scheme an.| also ,Rt. Hon. J. H. rb.omas’s failure to satisl‘v (he House that ho (Thomas) h.i.any unemployment policy at all. Sir O. Mosby will bo a formjda dc-' recruit to the Labour Left Wing, which' has now definitely revolted. Cabinet in Trouble TREASURY DOMINATION. (Aus. and N.Z. Cable Assn.) LONDON. May 21. Sir O. Mosley's resign a 1/on. following so closely on the dtrop in the Government’s majority, is regarded by the newspapers as a politiicai sensation An opinion is generally expressed that the Ministry is got I.’ng into serious difficulties over unemployment, particularly with its own supporters, who ar most owing to the'. 1 being no chock on the mounting figures. The “Daily Herald” (Labour) in an ed’torial. s/A'-e s * —Thc<r p is a. lary division of opinion in the (htbrn' t <»» unemployment. His resignation is an open sign of the known fact that the Cabinet rejected Sir O. Mosley’s memorandum, because, it was af'itithet ic to the- Treasury docU.iuo that a greit State loan would not create new work. I ut would merely divert capital frou one set of industries to nnoUior. Thu Cabinet had not neglected any avc-nue of hop?-, but wo are dubious wheth r the Treasury dogma is really the laff word in economic wisdom. The Rejected Plan TO HELP UNEMPLOYED. (Aus. and N.Z. Cable Assn.) LONDON, Mny 2.1. Tbe “Daly- Hcsrald’s” lobbyist, says:—Th'\ rejoc-ted memorandum is believed to be the joint work of Mr George T.ansbnry, Mr Tom .Tohnsto.i and Sir O. Mosley. It ::|mod at pensioning tbe nged workers, and raising loans /f £250,000,000 to finance, work schemes Tbe Cabinet Committee thri*. rejected thc memorandum consisted of Mr Snowdon, Miss Rondfio.ld. Mr Greenwood nr.d Mr Shaw. Thp ground.’ were that pensions wore an over great burden aji. present on the Statp fin. :mc.es; that n attempt to rc.'ise a 2fi.fi m'-ihon loan on the money market would fail, n"fi tlmt road schemes cnnild not absorb large ■numbers of th cotton opernjtives. BUDGET PASES SECOND READING. LONDON, May 21. Tn tbe House of Commons, after n long debate, Sir R. Horne’s (Conservative') motion tn roj’ect the Budget Bill was defeated by 282 votes t 0 200. The bill was then read the second ' time.