WAR’S REACTION

Dominion, Volume 15, Issue 3, 28 September 1921, Page 5

WAR’S REACTION

INDUSTRIAL DEPRESSION IN UNITED STATES CONFERENCE TO DEAL WITH UNEMPLOYMENT By Telegraph—Press / "iclatlon-Copyrlght Washing;?". September 26 President Harding opened the conference on unemployment, and made a speech on the industrial depression, which he said was nowise peculiar to America. It was the inevitable reaction of war. There was always unemployment, and, under the most /fortunate of circumstances, there were a million and a half unemployed in ths United States; but there was excessive unemployment to-day, and the Government was frankly anxious lest it should grow worse. With the hardships of winter, the problem would be the most difficult the Administration had 'been confronted with. It was a delusion to think that the present situation could be avoided by any particular formula of action. President Harding attacked those who declared, that tho business slump was due to failure to ratify iho Versailles Treaty and enter the League of Nations. '

The President declared that aid from tho Public Trensijry to relieve unemployment would be a source of trouble rather than a cure. He would leave the conference to decide its own course of relief, to which all America could be oomtnitted. He predicted, that Capita] and Labour would find a way to cooperate and overcome the business depression. Fifty-one prominent representatives of Capital and Labour and the public attended. Mr. Hoover, in a speech, emphasised that unemployment must never be solved by gifts from the Public Treasury. He said that co-operative service to the unemployed and not charity must be the aim of the conference — Aus.-N.Z. Cable Assn. (Rec. September 27, 7.20 p.m.) Washington, September 26. The Unemployment Conference, after organising into twelve small committees to study and recommepd- practical emergency measures to relieve the situation, collecting statistics, etc?; will later regroup for the purpose of recommending permanent measures whereby unemployment can be held at a minimum. There will bo public hearings every day during the coming week.—Aus.-N.Z Cable Assn. UNEMPLOYED IN BRITAIN REQUEST FOR EARLY ASSEMBLY OF PARLIAMENT. London, September 26. The Speaker has replied to Mr. Clynes that if legislation is found necessary to deal with unemployment, the Bill would lint be ready before October 18, therefore it would not be advantageous to assemble Parliament earlier.—Aus.-N.Z. Cable Assti. v