PROGRESS OF INDUSTRY

Poverty Bay Herald, Volume LXIII, Issue 19137, 5 October 1936, Page 6

PROGRESS OF INDUSTRY

REVIVAL JN BRITAIN INCREASING! EM PLOYMENT (Britiab Official Wireless.) Reed. 1 p.m. RUGBY, OctA Editorial comment in the morning papers is principally directed to the speech which the Chancellor of the Exchequer, Air. Neville Chamberlain, delivered to the Conservative party conference at .Margate. The conference was delighted with the assurance that the- Prime" Minister, Air. Stanley Baldwin, himself bad every expectation that, by the time Parliament reassembled, 'he would be fully able to cope with the heavy tasks which then lie before him. "When I consider the disturbed conditions of the world and 1 all restrictions which still hamper international trade. 1 cannot but be astonished at the progress of our industry," said Air. Chamberlain. "Every month since January there has been an increase in employment at the average rate of nearly £O,OOO a month.

"This improvement i.s not confined to particular areas. It covers almost every part of the country and nearly nil of the important industries. Even'the depressed areas, the. most obstinate and difficult part of the unemployment problem, are beginning to feel' the effects of the revival."

Ho stated that the wage increases recorded iu 1936 represented another .EIB.(£O,CC:) yearly to the pockets of wago earners,