THE COST OF LIVING.

Stratford Evening Post, Volume XXXVII, Issue 21, 25 September 1913, Page 4

THE COST OF LIVING.

The “Spectator,” iu an article oil tin cost of living, says the whole resnl’ of the Government’s “quasi-Socialis tic” legislation “is enough to mak any observer who has a grain of inde pendencc left ask himself serious!;, whether the time has not already ar rived for Liberals as well as Conserva fives to admit that the policy of turn ing the State into a universal provide on the principle that the State know better what is good for us than w know ourselves has not utterly fail ed. . . What is wanted in Grea Britain is more hirers of labor, bn there never will he appreciably mon so long as capital is dearer than i ought to he. Low taxation and a low rate of interest—these are two of tin greatest blessings which can visit an; industrial community. When thes< conditions exist labor is most free 1a employed. But these conditions art discouraged on every hand by the Go vermnent. Not till they are achieved can the workmen’s paradise be real ised of three jobs looking for two mei instead of three mon looking for twr jobs. Jf only the British workmar could be made to understand tliat hi; own savings—his own ‘capital,’ thougl he may dislike the word, —when in vested, helps to cheapen capital ant produce a demand for more labor

Perhaps we may look to those engaged in the building trade to make r start in preaching what may seen to trade unionists to tic a new doctrim but is really one of the oldest in tin world.”