THE LABOUR PARTY,
.WARNING BY MR BALFOUR. LONDON, January 24.
Mr^Balfour, speaking before the City of London Conservative Association, said that if the Labour party succeeded in carrying out the principles of " The Red flag " they, would produce the greatest calamity that had ever happened, not to the rich, but to the poor. __
i The greatness of the country, its industrial position, wealth,- and productive and inventive power depended upon private initiative. Neither bureaucracy, Government, Parliament, nor trade union would ever promote productive enterprise like individual initiative.
He predicted a rearrangement of political forces, eliminating the old-fashioned Liberals, and leaving the Unionists and Socialists as the two militant forces.
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Otago Witness, Issue 2811, 29 January 1908, Page 19
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109THE LABOUR PARTY, Otago Witness, Issue 2811, 29 January 1908, Page 19
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