CONSCRIPTION OF WEALTH AND LABOUR.

Otago Daily Times, Issue 16873, 9 December 1916, Page 9

CONSCRIPTION OF WEALTH AND LABOUR.

MR LLOYD GEORGE'S PROPOSALS

Australian unci N.Z. (Jablo Association. LONDON, December 8.

(Received Dec. 0, at J/.40 a.m.) The Labourites pressed Mr Lloyd Cieorge particularly regarding the conscription oi labour and wealth. The Prime iVlinister intimatod, as regards tho first policy, that there would be direction arid regulation of work for the whole manhood oi the country, so that no class could complain of being unfairly treated. Regarding the conscription of wealth, ho foreshadowed a scheme for controlling investments and savings on -tho lines ot the existing ease of certain classes of American securities. This would place tho realised wealth of tlx; country at the Government's disposal. There'would be also a large extension of the war profits tax. All profits would be calculated on an average of three years before tho war, and all in excess of this amount would go to the Stale.

KAISER'S PROPHECY FULFILLED.

The Timea.

LONDON, December 8.

(Received Dec. 8, at 10.55 p.m.) A correspondent recounts an interview with the Kaiser a decade ago. Asked his opinion of Mr Lloyd George, the Kaiser said he would be Prime Minister within 10 years.

GERMAN APPREHENSIONS

NO CHAJSICE FOR PEACE NOW.

The Times. LONDON, December 8. (Received Dec. 8, at 10.55 p.m.) The press has significaintly changed its tone. Its complacency when Mr Lloyd George resigned is replaced with mingled hostility and apprehension. It is now denouncing him as a Cabinet-breaker and secret intriguer, and warning the German people that this accession to power means that the war enters a new phase and postpones indefinitely peace prospects.