UNEMPLOYMENT

Southland Times, Issue 21895, 22 December 1932, Page 11

UNEMPLOYMENT

REMEDIAL MEASURES. INTERNAL LOAN SUGGESTED. (Per United Press Association.) Auckland, December 21. The Mayor, Mr G. W. Hutchinson, on his return to-day from Wellington where he discussed with the Unemployment Board the Auckland City Council’s scheme to provide constructive work for the unemployed at current wage rates, said: “It seems to me that the problem has resolved itself into two major considerations, either still more taxation will need to be imposed to provide the necessary funds to enable more adequate rates to be paid for unemployment work, or the Government must go to the country for an internal loan for the resumption of both national and local public works of an essential nature, tho interest and sinking funds to come out of the unemployment taxation.” As taxation had reached its limit he thought the loan proposal should be considered. The resumption of useful work would react for the benefit of the whole community, and for this reason he heartily disagreed with the recommendation by the National Economy Commission that future capital works must be carried on out of revenue.