LABOUR’S POLICY OUTLINED

Timaru Herald, Volume CXXXVIII, Issue 19861, 26 July 1934, Page 9

LABOUR’S POLICY OUTLINED

EXTENSION OF CONTROL BY STATE United Pre -• Association—By Electric Telegraph—Copyright (Received July 25, 7 p.m.) LONDON, July 25. The Labour Party views for the next election have been issued. A long programme of action proposes: Abolition of the House of Lords; Reform of procedure in the House of Commons; Public ownership of the Bank of England; Amalgamation of joint stock banks, into a single corporation; Creation of a National Investment Board; Public ownership of primary indus-

tries. A 44-hour week. An elaborate programme of public works;

The passing of a Peace Act setting forth the national acceptance of the principle of collective action against any peace breaker.

The new policy, which will be submitted to the conference of the Party in October, declares that a co-operative world commonwealth is the only final guarantee to peace. Accordingly the Party will submit at Geneva a plan for all-round disarmament, the abolition of all arms forbidden to the Central Powers under the 1918 Treaties, the abolition of national air forces, and the creation of international air forces.

SWEEPING CHANGES PROPOSED