TRADE REVIVAL

New Zealand Herald, Volume 82, Issue 25357, 12 November 1945, Page 6

TRADE REVIVAL

MEASURES IN BEITAIN

"INDUSTRIAL REVOLUTION" {'Reed. 6.30 p.m.) LONDON, Nov. 10 The Board of Trade announced that a further 17 Government factories, representing an area of nearly 2,000,000 square feet, have been allocated for civilian production. They will provide employment for more than 7000 persons. So far the Hoard of Trade has allocated for civilian industry or as disposal depots 132 Government factories with an area of about 37,000,000 square feet, estimated to provide work for about 270,000 persons. Speed and Magnitude Speaking at the Lord Mayor s luncheon before leaving London for Amenca, the Prime Minister, Mr Attlee, said the economic switch-over going on in Britain constituted an industrial revolution greater in size and speed than .any previously experienced in this oi any other country. The Prime Minister added that as the result of planned releases from the Services and munitions about 4.000.0UU persons would have changed their occupations hetwwn V-,) Day and the end of the year. He did not claim that Government planning and supervision had been faultless, but the absence of major dislocation and unemployment was some tribute to the success with which it had been planned and executed. There were already encouraging visible sicns of increased production of things everybody wanted. Stand on Own Feet The Government regarded the revival of Britain's export trade as of prime importance, said Mr Attlee, and added: 'it is our firm intention that this country should he able to stand on its own feet at the earliest possible moment and therefore be master of its political as well as its economic destiny. Wo are seeking to get rid not only of fear of war. hut also fear of want.

"There is far more agreement throughout Britain than ever before on the need for giving; our people economic social security. We are seeking to provide a great all-embracing scheme worthy of our grefit people."