AID FOR INDUSTRY

New Zealand Herald, Volume LXXV, Issue 22983, 10 March 1938, Page 12

AID FOR INDUSTRY

GOVERNMENT ACTION INTERVENTION SUPPORTED [BT TELEGRAPH PRESS ASSOCIATION] ' WELLINGTON, Wednesday The planning of industries with Government aid or supervision was dealt with by the Minister of Agriculture, the Hon. W. Lee Martin, in an address at the annual dinner of the Wellington Chamber of Commerce. "There is, I think, po country in the world where more hostility has been expressed to Government intervention in industry than in Great Britain, and yet there was a list of industries in which the British Government found it .necessary to intervene." said the Minister. "That list wilt bo found by those who have not studied the question to be astonishingly long. Nor are the industries affected only weaker enterprises, for such strong and well-established industries as coal minipg, shipbuilding, cotton spinning and agriculture have been forced to seel; Government aid to preserve their "very existence. "If in a country which was for long the strongest industrial nation in the world some of the most powerful industries have been forced by the hard logic of facts in the present-day world to reorganise with Government aid, then how' caij anyone expect undeveloped industries in a country as new as ours to survive unaided under present conditions?" he asked.