SAFEGUARDING OF INDUSTRIES

Hawke's Bay Tribune, Volume XVIII, Issue 199, 6 August 1928, Page 6

SAFEGUARDING OF INDUSTRIES

BRITISH GOVERNMENT’S POLICY. FURTHER STATEMENT BY PREMIER. lAustraiian Press Assn.—United Service.) London, August 4. An important statement of policy is contained in a letter by the Rt. Hon. Stanley Baldwin to the Hon. B. M. Eyres-Monsell, Parliamentary Secretary to the Treasury. It says:— “The safeguarding of industries has been the law of the land since established as a principle by the Lloyd George Government in 1921. It was our policy at the last general election and will bo continued, but we shall continue to be pledged not to introduce protection and not to impose any taxes on food. “A careful examination of the administration of the Safeguarding Act, based on four years’ experience, may enable the simplification of certain details of procedure. No manufacturing industry will be barred from presenting its case before the appointed tribunal. “The whole energy of the party is necessary to carry through the derating scheme, the boldness and originality of which have captured the whole country. Doubtless the reason why the Opposition parties are trying to drag in the protectionist red herring is the vain hope of causing dissension in the party, whose unity and enthusiasm arouses their envious admiration.”