BRITAIN’S PROBLEMS.

Waikato Times, Volume 108, Issue 18167, 4 November 1930, Page 8

BRITAIN’S PROBLEMS.

LIBERAL PAMPHLET. REMEDIES FOR UNEMPLOYMENT. SETTLEMENT AND STATE WORKS. L'nited Press Assn. —Elec. Tel. Copyright. (Received Nov. 4, 1.55 p.m.) LONDON, Nov. 3. ‘ Britain’s position rather resembles Australia’s except that we can finance ourselves from our savings. We have still great overseas investments, and we have not suffered the enervating effects of tariffs,” sa?ys a Liberal pamphlet dealing with unemployment and signed by. Mr Lloyd George, Lord Lothian, and Air B. Seebohm Downtime- . , “ The real facts must be presented in such'a manner as to compel action. The best course in that respect would be a conference representative of em- . ployers, trades unions, banks, and distributors, to which the Government would point out the seriousness of the industrial position.” ’ The pamphlet proposes a 10 per cent, cut in national expenditure on the recommendations of a new “ Axe ” Committee reporting within six months; also the creation of 100,000 family farms, aiming at the capture of as much as possible of the £200,000,000 worth of dairy products imported from abroad. The proposals include a £250,000,000 loan to finance a variety of schemes in connection with roads, housing, town planning, telephone, and electrical development, providing together with the agricultural proposals, work for 700,000, which ’figure rising to ; 1,000,000, is that at which the book- ‘ let puts the number of unemployed in •\ excess of those normally in the course of transfer between industries, which has been persistent since the war. It fears that unemployment will reach 1,500,000 before Christmas. It is also proposed to encourage the industrial banks, and restore the export credit system especially with a view to the development of Russian trade and to press vigorously for Empire development; also to advertise British-grown goods on lines of the marketing board. . . It adds: "The real way out is increased efficiency, meaning that trade unionists must not limit output, and ; other parties in industry must make ■similar sacrifices.”