BRITAIN’S UNEMPLOYED

Hokitika Guardian, 3 August 1923, Page 3

BRITAIN’S UNEMPLOYED

NEW SCHEMES PROPOSED. AUSTRALIAN AND N.Z. CAIU.K A:iSl>( IA 1 10 s (Received this day at 9.15 a.m.' LONDON, Aug. 2. | tl the House of ominous Mr Lansbury raised the queslioii of unemployment ami emphasi-cd that the position was becoming worse daily. He suggested an appeal to the euUiilry for a loan for productive works. Sir M. Barlow said that at The beginning of the year the unemployed registered 1. 155.,.1 iA-t and it was now--1,185.009, while last winter the figure-. averaged 1..115.009. He hoped this winter would be no worse, but only a ra,h man would suggest mat it was going to be much bet ter. Ibe principal methods ol alleviating the trouble were an Export Credit Scheme and a Trade Facilities Act. Under the Export credits scheme Iwenty-six millions had been borrowed but oulv fourteen millions credit were now being utilised so there was an ample margin. I lie Trade Facilities Act had proved most futile and expedient guarantees to the extent of twenty-six millions were new being used. The expenditure for years fin,! been seven and a ball million-,

giving years of work io twenty-seven thousand men. The Government undetermined to launch a new scheme ot financial co-operation between revenue and non-revenue producing proposals, on the basis ol a grant equal to lifly per cent, or interest on a loan for not less than ten years which should help local authorities launching tramways, electricity, and gas undertakings. It is estimated that at least two hundred thousand will be employed on these schemes and another hundred thousand indirectly. The hope of the imliieliato future lay in the re-eslahlishment of peace in Europe and of a good harvest. iu Britain. LONDON. August 2. In the House of Commons, Sir Robert Horne said that Germany stands today with her great, industrial organisation reconstructed and tier conditions of efficiency is steadily re-equipping indust Daily. There is a. false idea in Britain n-ml France regarding their relative positions. Because we are meeting expenditure France thinks we are too wealthy to he considered ill this matter. \Ye are only meeting expenditure by putting an almost unbearable strain on the whole resources of Hie country. France, to-day. has not only re-established trade, but last xeai had a greater volume of exports than before ibo war. A\o are still struggiing with seventy per cent ol prewar trade. Two of our competitors are making no ellort to pay our debt. If our competitors are to become free of the burdens which wo have to bear and if we are the only people to pay the war indemnity, then unemployment I will increase in this country by leaps and bounds .