NEW INDUSTRIES

Manawatu Standard, Volume LV, Issue 80, 2 March 1935, Page 9

NEW INDUSTRIES

SUGGESTION OF SUBSIDIES. AIR AV. BROAILEY’S ADA r OCACY. Per Press Association. TIAIARU, Alarch 1. During tho concluding session of the Rotary Conference, Air AV. Bromley, deputy-chairman of the Unemployment Board, gave an address on the unemployment situation. Ho examined the factors traceable as having contributed to the normal expansion in the number of unemployed workers, and said there was sufficient evidence to show that unemployment would not bo cured by waiting for something to turn up. He was still convinced New Zealand must depend largely on the production of the soil and it would be folly to neglect the farming Industry. Two questions uppermost in their minds at this stage must be: —(1) Is it not overstating the case to assert that i>ending world recovery New Zealand will ba unable to reach normality as far as unemployment is concerned, by enlarging its capacity to produce trom t.be soil those commodities for which she is renowned? (2) AVill not new industries spring up in New Zealand if and when they can bo carried on at a profit? Hitherto New Zealand had worked on the assumption that England offered a bottomless market at profitable prices for all farm produce the Dominion could produce and export. Today all knew that it was not so. The plain fact was that it seemed futile to sit still in New Zealand while changes were taking place all round. “AA r e are only ar, the beginning. 6f quotas,” he said. “The organisation and development of industry hitherto has been regar led as the sphere oi private enterprise and is usually carried out without any general plan. Can we say now that this agency is sufficient or that it functioned as .Hell as can be expected and that the development of now industries can be left to grow up naturally?” Air Bromley urged the development and subsidising of new industrial? fin a planned basis as a means 8* Absorbing tho unemployed. He discussed the question of taxation and said lie often thought greater,justice ull round might bo achieved by amending legislation to provide a . Inore co-operative basis of responsibility iis between tho Unemployment Board Slid the local governing bodies.