BRITISH POLITICS

Hokitika Guardian, 10 September 1931, Page 5

BRITISH POLITICS

IN THE COMMONS. I United Press Association.—By Electm Telegraph.—Copyright.! (Received this day at 9.25 a.m) LONDON, September 9. In the House of Commons, Mr MacDonald introduced the Economies Bill permitting the, economies and expenditure carried out by Orders-In-Council, thus saving time and thwarting obstruction. The Bill was read a first time. THE DEEPER CRISIS. ’ LONDON, September 9. “The Times,” in an editorial says: Mr Henderson’s speech reveals him as an astute party manager, who is resolute in putting his party before national interests. The upshot of the debate is that the Budget will be balanced, but that the deeper crisis will continue until the equilibrium of exports and imports is restored. MR MacDONALD’S FAILURE. \ _____ TO PROVE HIS CASE LONDON, September 9. The “Daily Hernld” says: “Mr Macdonald failed to show that the capitulation to the British and foreign bankers’ demand to reduce the payments to the unemployed was the only possible emergency measure. He showed that it meant outside dictation, and that it increased aur liabilities to the foreign banks, that it cripp'ed our freedom in foreign policy and that it commits the country to a. reduction in the standard of living, which reduction, the MncDona'd Committee has shown, would lead to a continuance of the trade depression and the unemployment.”