INDUSTRY IN BRITAIN.

New Zealand Herald, Volume LXV, Issue 20112, 24 November 1928, Page 13

INDUSTRY IN BRITAIN.

RISE TO OLD POSITION.

NEED FOR HARD WORK.

"PARASITICAL DIRECTORS." MR. BALDWIN OUTSPOKEN. Australian and N.Z. Press Association. (Received November 23, 11.35 p.m.) LONDON, Nov 23 Tho Prime Minister, Mr. Baldwin, todafy gave an address at a conference of Scottish Conservatives at Glasgow. There were 6000 people present. The speech was relayed to 3000 persons in an adjacent hall. Mr. Baldwin said there was a spirit of give and take in Europe, which was absent in pre-war days. This afforded a happy augury for tho future. More had been accomplished in tho past eight years, largely by the present Government, than any other country had achieved in connection with slum improvement.

British industry was justifying itself in tho faco of the world, and Britain would emerge as tho most efficient industrial nation on earth.

But tho youth and ability of the nation must help to regain that supremacy. This was not tho time for inoompctent people, whatovor their ago might bo. Numbers of men battened on joint-stock companies as managers. There were also directors who were parasitical. Tho country would not tolerate that whilo the rationalisation of industry was making idle hundreds of thousands of persot(3 thoso who arrogated to them selves freehold positions would not removo themselves unless they were bribed.