A NEW PARTY.
FORMED BY LIBERALS.
NATIONALISATION OF RAILWAYS (Ry Electric Telegraph.—Copyright.) (Australian-N.Z. Cable Association.) Received Last Night, .10.30 o'clock. LONDON, Oct. 1-1. A group of Manchester Liberals have formulated a so-called new Liberal Party, the main features of which are a fairly adjusted co-operation or partnership of all factors in industry, including organising ability, labour, capital, consumers and the community, also a limitation of profits, and each industry to maintain its own unemployed profit sharing, accompanied by a share in its control; the business community to share in the exceptional prosperity of industries. This is a method of replacing the excess profits duty. They also propose the nationalisation of the mines and railways, and a levy on capital as the only alternative to the existing high taxation, and all unearned increment land values to go to the community.
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Bibliographic details
Wairarapa Age, 15 October 1920, Page 5
Word Count
139A NEW PARTY. Wairarapa Age, 15 October 1920, Page 5
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