RATIONALISATION

Nelson Evening Mail, Volume LXIV, 19 February 1931, Page 3

RATIONALISATION

ECONOMY IN PRODUCTION The view that the nation which took up rationalisation best was that which in the long run would bo in the van was expressed by Mr Frank Hodges, who was formerly general secretary of the Miners’ Federation of Great Britain, in an address in Glasgow. He said the contraction of businesses from a multiplicity of separate units into one unit was a very painful though very necessary process, nationalisation, in production, in commerce, or in sales, was merely the means to an. end. That end jyas to be able to create a demand for more and more goods, although they be cheaper, they, -cheapness in itself being the best wav to continue that demand on a progressive scale; and as that demand mounted higher and higher the repercussion on industry was

such as to begin to make inroads on the unemployed army. The unemployed army in itself was not the result, of rationalisation, but the reason why rationalisation had come into being. As rationalisation went oil its way, eliminating waste and processes which need not he undertaken, and reducing titinucessary personnel, it would eventually iind its expression in cheaper and better commodities.