COMING SPEECH

Hokitika Guardian, 11 January 1930, Page 5

COMING SPEECH

BY MR. THOMAS

[United Press Association.—By Electric Telegraph.—Copyright.]

RUGBY, January 9

J. H. Thomas Minister in charge of unemployed) will to-morrow deliver a speech at Manchester in which his is expected to make an pronouncement on the problems which he is trying to solve.

Some newspapers (forecast that proposals which have been discussed within rigidly limited circle will be made public by Mr Thomas and that these proposals will constitute something quite new to this country. In effect it is .understood that . Mr Thomas will deal with the possibility of obtaining assistance of banks towards restoring depressed basic industries, notably steel and textiles. “The “Daily News” speaks of the likelihood of the formation of ail industrial finance organisation hacked by the strongest resources available says Mr Thomas is credited with the intention of reading a statement by Sir Montagu Norman, Governor of the Bank of England. Interest also attaches to two forthcoming pronouncements by liberal leaders, Mr Lloyd George and Viscount Grey. Both are expected to deal with liberal relationships with other parties, especially.,,.as they are affected by the position in home and foreign politics. Earl Grey will speak next Tuesday ns leader of the liberal council and Mr Lloyd George on the day that Parliament reassembles.