Germany and Italy Tackle Unemployment

Manawatu Times, Volume LV, Issue 7296, 5 August 1930, Page 7

Germany and Italy Tackle Unemployment

How Italy Meets the Crisis HUGE PROGRAMME OF PUBLIC WORKS. United Pres* Association.—By Electri* Telegraph.—Copyright. Received Monday 9.0 p.m. LONDON, Aug. 4. The Times’ Romo correspondent states that tho Government is intensifying its policy of carrying out public works in pursuance of relieving unemployment. ' The first instalment of tho. plan provides for the building of apartment houses for telephone and telegraph workers in the eight principal cities, also for railway employees in fifty towns, at a cost of £1,235,000. Other public works authorised will cost £730,000. The Ministry of Communications proposes p, railway programmo employing 15,000, whilo the Health Minitsry i 3 building nine tubercular hospitals with 2500 beds, in addition to twelve with 3000 beds already under construction. Rebuilding in tho earthquake area will employ 3000. Work Being- Found for 10,000 in New South Wales SYDNEY, Aug. 4. The results for the first month indicate the benefits which the unemployed are deriving from the Government’s

emergency scheme. Five thousand are already working, and £50,000 has been distributed among them. Another 2500 are about to begin, and by the end of the week 10,000 will be earning wages for the first time this winter.

Germany Deals in Millions VAST SCHEMES FOR YEARS AHEAD , Times Cable. Received Monday, 9 p.m. LONDON, Aug. 3. The Times’ Berlin correspondent states that Germany is tackling the problem of her three million unemployed by the formation of a public works company with a capital of £7,500,000 and reserves of £11,250,000, with a strong board supervised by tho Government Commissioner, 'for the execution and extension of productive schemes through the taking up of home and foreign loans,' granting credits to public corporations and other undertakings. A communique explains that the Budget amounts allotted to unemployment schemes are declining yearly, therefore the Government which has accumulated £20,000,000 in credit claims on bodies to which grants are made will mobilise this amount and also raise £10,000,000 in foreign loans, including British and American, in the next three months. This will enable the unemployment programme to be drawn up several years ahead.