POST-WAR TRADE POLICY.

Taranaki Daily News, 12 January 1917, Page 4

POST-WAR TRADE POLICY.

INDUSTRIAL HARMONY ESSENTIAL, IMPORTANT RECOMMENDATIONS. Australian-N.Z. Cable Association. Received Jan. 11, 9.30 p.m. London, Jan. 11. The Employers' Parliamentary Association has investigated industrial reconstruction and the establishment «f n national post-war trade policy The report says that harmony between capital and labor is the first essential, and suggests the appointment of an industrial advisory council, representing the employers and workers, whereto disputes inuy be referred. The report condemns compulsory arbitration as impracticable, but accepts the Trade Union Parliamentary Committee's invitation to discuss a proposal for a industrial peace, but regard) the trado unions' terms as merely a basis for discussion, nnd will not consent to act unless possessing the support of a. majority of omployers of the United Kingdom. The association regards the unwsoei•ated employer and non-unionist ss th« principal menace to industrial .peace, and considers a general increase, in wage* o) 'ss weekly will have most serious eonroqnencrs. The increased reward can only possibly be provided by increased selling prices or increased efficiency. ' Therefore closer understanding and co-operation between employers and workers are imperative.

The association appTovos of the encouragement of scientific research and 4 the establishment of a British tT&iJe bank, and declares the existing national insurance seheme unsound and ought to be drastically remodelled. Ths Association is convinced that pec.ei> vill bring great opportunities for the indii trial and commercial advancement of the Empire, -whose unrivalled resources must be th«oughly developed. "We must think in terms of Empire, not of the United Kingdom. We muiii realise' that the Dominions which ore supporting us nobly in war time &r« ready to co-operate in peace time."

TRADE COMMISSIONER SERVICE, EXTENSIONS PROPOSED. Received Jan. 11, 8 p.m. London, Jan. 10; The Advisory Committee of the Board of Tinde on commercial intelligence, Mr. Albert Stanley, M.P., presiding, considered proposals for a larse extension of the Trade Commissioner service ill the British Dominions, also commercial missions and other matters 'elating to the organisation of Briti.»'u oversea! trade.