PARTNERSHIP IN INDUSTRY.

Hawera & Normanby Star, Volume XLI, Issue XLI, 15 October 1920, Page 5

PARTNERSHIP IN INDUSTRY.

LONDON, Oct. 14

A group of Manchester Liberals have formulated- a so-called new Liberal party, the main-features of which are fairly adjusted co-operation or partnership of all factors in industry, including organising ability, labour, capital, consumers', and the, community; also the limitation of profits, and each industry to maintain its own unemployed. JProfit sharing, accompanied by a share of control by the business community, and a share in the exceptional prosperity of industries are proposed. They also propose nationalisation of the mines and the railways, and a levy on capital, as the only alternative to the existing high taxation, and all unearned increment from land values to go to th© community.