POLITICAL OUTLOOK
FATE OF LABOUR PARTY
, ME SNOWDEN CRITICISED
LONDON, 21st July. . "Another general election in the autumn of 1930 is possible," says Mr J. L. Garvin, writing in the ' Observer. "The Prinie Minister, Mr MacDonald, and Mr J. H. Thomas, Lord Privy Seal, if left to themselves." he says, "could have prolonged the Labour experiment with permanent gain to the nation, the Empire, and the world, but Mr Philip Snowden, Chancellor of the Exchequer, and the Adullamite back-benchers forbid. "The whole future turns on finance. Mr Snowden has to satisfy a party which believes crudely but fervently in a £1.000,000,000 'Budget, and in an unlimited social dividend for tho 'Havenots' at the expense of the 'Haves.' "Meanwhile Mr Snowden, in liis doctrinal ecstasy for isolated freejmpovts, prejudices the Imperial Economic Conference he extols. By vepudiating all preferences, he virtually challenges the self-coveming Dominions to withdraw totally the unique and ronditional measure of free trade they extend to us."
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Bibliographic details
Nelson Evening Mail, Volume LXIII, 5 August 1929, Page 5
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159POLITICAL OUTLOOK Nelson Evening Mail, Volume LXIII, 5 August 1929, Page 5
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