Desire To Keep Profits Down

Northern Advocate, 26 May 1949, Page 6

Desire To Keep Profits Down

WELLINGTON, Thu. (P.A.). —No one wished to keep profits down more than did the Minister of Industries and Commerce (Mr Nordmeyer) and the Government said Ihe Minister of Finance (Mr Nash) at today’s closing proceedings of the Labour Party conference, which adopted the report of the policy and finance committee.

Mr Nash said it must be remembered that profit margins must be allowed, and that those margins were being kept under constant Government review.

The committee’s report included recommendations that the Government consider a suggestion that free ambulances should be a national organisation, that a guaranteed price for market gardeners, and orchardists should be introduced and that Imperial trade preferences should be maintained. MAORIS’ SUPPORT. The report of the Maori Advisory Council, including a recommendation that Maori Labour committees should in future be known as branches, also was adopted and a resolution passed thanking the Maori people for their loyal support.

The conference, in a resolution, expressed appreciation of the manner in which the Prime Minister, Cabinet and Parliamentary Labour Party had conducted the affairs of the Dominion during the past 12 months, and stating that delegates pledged themselves to support them loyally at the forthcoming general election and do everything in their power to return the Labour Government,