UNEMPLOYMENT

New Zealand Times, Volume XLIX, Issue 11303, 31 August 1922, Page 6

UNEMPLOYMENT

PROBLEM IN BRITAIN EMIGRATION AND REVIVAL OF TRADE. COMMITTEE’S INVESTIGATIONS Bv To!ej?raph—TVc** Au.«-t\a’ian and N.Z. Cable Association. LONDON. Aumwt 28. A “Oailv Alai)” lobbyist tbo o"''onra"on'.ont of trade arwl tbe revi- • - 1 n ( cn:i:.-rntion to tho Dominions aro tV t'ro main planks at present recoiv inp; the attention ot the Cabinet Com jy.ittee on Vnomplovrnrnt ns the best i o.'ibio mot hod* of alleviation. Though t k undoubted’y improving slowly, t 1 *' Government »s advised that thorn viU b<* nt least 1,000.000 unemployed in Fufrlnul during the winter. Th> committee w investigating on the rssmm-Uon that there is now a snrphis pcmlntion beyond tbe utmost requirement* of industry which murst be reduced by emigration. There is liVrlv to be an interesting extension o; hast veor*s sebemo, by which the Government agreed to guarantee the interest- on n*v>r*v. ed capital issues to a total of CS-vOOO.POO. Tt is thought that if the internet is guaranteed on the same terms to companies, corporntions, or Dominion Governments raising capital for development pork, .the Dominions employing as far a* s possible Pritish-made material, it would have the double advantage of stimulating production at ITorre, and providing more work for emigrants from Britain to the Dominion'?’. Only the broad outlines of tho scheme are ni present being discussed, end an announcement is not likely before Parliament meets in November.