SECESSION FROM LABOUR

Hawera Star, Volume L, 24 February 1931, Page 5

SECESSION FROM LABOUR

MOSLEY GROUP TO RESIGN SOCIALISATION OF BRITAIN NEW POLICY FOR NATION.

United Prms Aksocmuoii —By KHeotnu Telegraph LA>yyri(fDt> LONDON ? Feb. 23. Preliminary to the forming of a new National Socialist Party a campaign is )eing held throughout the country, tnr Iswaid Mosley is expected to resign Tom the Labour Party on Wednesday. [Tie “Daily Mail” states that six letters of resignation are already writ--16 The “Daily Sketch” understands that the resignations include Lady, Mosley and Messrs. E. J. Strachey and W. J. Brown. The group is likely to >o supported by severa! lustrialists, including &r William Morris. Its object is frankly hhe socialising of Britain, but not a diet* aid Mosley told the “SunHerald.” referring .to his manifesto-, ‘a national policy is bcmg issued tolav ” The manifesto states: Tue n-eation of a twenty years plan tor orderly and balanced development oi the resources of the Empire willbe one >f the greatest stops towards the conquest'of economic security and well‘‘Wito the power of centralised buying in our hands we could give the Dornmions advantages compelling rapid levdlopment of Empire economic unity, ivhile maintaining relations tries offering us substantial markets nid diverting purchases from countries taking little or nothing in return. Imperial planning would provide for toe steady industrialisation of parts of toe Empire which are not self-governing. Sir Oswald Mosley says he discussed the manifesto with various industnaiLsts, financiers and trade unionists luring its preparation,, and also representatives of toe Dominions The latter fave a large measure of approval to his Empire proposals. He urges insuilation instead of (protection. The organisation for goods and raw materials would range from bulk purchase to license of quotas issued by an Imports Control Board. Other imports would have a commodity board for each commodity or group of them. A forking analogy is toe machinery under the Dvestiiffs Act. .. * ‘The manifesto urges the granting of export credits, making possible on a really large soale exports of goods to Russia from to® heavy industries. Britain should agree to cancel aU foreign war debts if the United States dtos toe same. Stabilisation of world price levels is indispensable. ims could! best be effected by 00-pperative management of the world stock of gold by the great central banks. As there seems no substantial expectation of this, toe next best thing would be the achievement of a stable Imperial price level by central banks of the Empire by means of inter-imperial re SUlations freeing currencies from the world monetary chaos. The manifesto proposes a smaller inner Cabinet committee of five or six Ministers without portfolio and simplification of Parliamentary procedure, enabling the Executive to act with swiftness and precision. It urges the creation of a Ministry of Defence controlling toe army, navy and air force, and suggests it will he found that Britain is spending vast sijms on obsolete armaments, which are capable or sharp diminution. Drastic reduction of sinking funds is proposed; also duties on luxury imports. . . . Sir Oswald Mosley is opening Ins campaign throughout toe country m March with half-a-dozen followers.

A COMPLICATED SITUATION. “NO DEFINITE LEADERSHIP.” LONDON, Feb. 23. The by-elections for East Islington and Farnham, by revealing the destitution of the Government’s 'policy, the annihilation of Liberalism and lamentable division in the Conservative camp, caused consternation at the headquarters of all parties. The country is facing an unprecedented economic crisis, yet no genuine policy to meet the situation can be put forward to the country owing to the absence of definite leadership in any direction. The situation is complicated by the fact that Mr. Churchill, Mr. Lloyd George and Sir Robert Horne are appearing together at an Albert Hall mass meeting to protest against the weakness of British policy in India, thus still further weakening the Op-i position. Moreover the Liberals and the Socialists have failed to reach an agreement on the vital clauses of the Trades Disputes Bill, so the _Government is threatened with a crisis in the committee stages of the measure tins Finally Sir Oswald Mosley’s establishment of the new; Labour group is weakening the official section of the Labour Partv as much as the disaffection of the Empire Free Traders weakened Conservatism.