UNEMPLOYMENT PROBLEM

Wairarapa Daily Times, 23 February 1935, Page 5

UNEMPLOYMENT PROBLEM

LLOYD GEORGE VIEW.

CRITICISM OF GOVERNMENT

(Received Saturday, 11.35 a.m.) LONDON, Friday.

Mr Lloyd George, speaking at Manchester, declared that no single party could hope to solve the unemployment problem. Ho charged the Government with failure to examine not only his plan, but every scheme involving expenditure on national development beyond the narrow limits of the Government’s existing programme. This could not possibly appreciably affect the volume of unemployment, which is now 24 million people. The Government should constitute a body of responsible business men to take a wide survey of everything essential to re-equip Britain in industry and agriculture. Experts would then prepare the plans to carry out the necessary undertakings, possibly over ten years, according to the condition of trade. The Government must remove difficulties in connection with international trading. Britain would possibly reverse its fiscal position in the next few years, but it would only abandon protection when convinced that it had utterly, failed. Mr Lloyd George advocated the inexorable employment of such tolls as already had been imposed, in order to induce the bargaining process for the re-establishment of low tariffs. Britain could use her position as the world’s greatest producer more effectively. The Treasury policy of hoarding instead of helping with credit was morbid. The nations’ money power must be more effectively applied to its needs in order to re-start the wheels of industry.