1919-09-11 — Page 3

"

PRODUCTION AND ECONOMY.

MR. ASQUITH ON THE NATION'S TASK.

Mr. Asquith addressed a Free Trade Union demonstration recently in Plymouth Guildhall, which was filled to overflowing. Sir Francis Layland-Barratt presided.

Mr. Asquith said-The cir- cumstances are very grave. Never in my memory, or in the memory of the oldest person in this hall, have we been confronted with a more formidable economic situation. The capital of our; National Debt has been multipli- ed during the war something like 12 times, and has now reached a figure between seven thousand and eight thousand millions. We have to face in the years that are immediately before us, an anuual national expenditure which can- not fall short of 800 millions.

The sum that was raised by the recent loan. large, though it is. will after defraying the deficit of the present year, estimated by the Chancellor of the Exchequer at £300,000,000, leave an insigni- ficant balance of new money at his disposal, and further there is a widespread belief, credited by the reports of every fresh com- mittee of investigation, that there is in many of our public Depart- ments even now great and un- regulated expenditure.. Mean- while, almost every week. Par- liament is being asked to under. take new and costly commitments --some of them, I agree. essential for purposes of social reconstruc- tion, many of them dubious, and even questionable, and all of them of uncertain and indefinite amount.

If we are to remain as a nation solvent. I say this to you in all "seriousness, I may almost say in all solemnity: there are only two possible expedients open to us. It is clear that we and other "countries cannot go on as we have been doing, borrowing our way. The expedients, and the only two expedients, are, in the first place, drastic economy in public expenditure; and in the next place what is perhaps more unwelcome to most of us-equally drastic taxation..

PARALYSING THE MINES, Proceeding. Mr. Asquith said that the causes for anxiety did not begin, and did not end. when the national balance-sheet was settled by the House of Commons. They were manifesting them- selves in almost every department

of industry. The newspapers were full of reports of strikes,;

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actual or potential, in almost all the consuming community at First

the great productive trades of

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countrymen outside, was this:

large. (Cheers.)

war.

circumstances

PH THURSDAY, SEPTEMBER 11, 1919.

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Stiff Board cover with pocket containing envelopes. Envelopes) slightly damaged. Usual Price

Special Price COBDEN JUSTIFIED BY THE

WAR. Never had fiscal system been

to pronounce on the merits or the price of coal, Mr. Asquith got value for their

Referring to the increase in expenditure: see that they LADIES AND GENTS TAILORING demerits of the dispute but in his said the most urgent necessity of abolish the extravagant reign of judgment no reprobation could be too strong he used the word the community at this moment the superman (laughter), and re- advisedly, for the attempt that was to secure such a prompt in- establish the old and well-tried was now being made in the coal-crease in the total output as English tradition and practice of

would bring about a rapid decline Treasury control. mining industry to paralyse, by in the cost of the first necessary the withdrawal of engines and of of their common industrial life, and better production. He was The next thing was increased all pumping appliances, the future The general increase in prices delighted and surprised to see, in resources of the mines. He be- was largely and mainly caused the most unexpected quarters of lieved the men responsible had no

the by sympathy in the great world of

of the Press and elsewhere, an the labour.

A great deal of almost daily denunciation of the The question. which he wished food and raw material and manu-old fallacy, that if a man did less inferiority in the industrial com- to put them and to his fellow produced, but they could not be others to de. They would never kept open the ports, free and fully factored commodies were being work, there was more work for petition of the world, unless they What was their best, hope, he brought to the places where get a maximun output from ill-free to the access of every kind might almost say their only hope wanted, and to that extent they paid labour, working for excessive

of material, raw material, and for industrial peace in the future? were worthless, because there was hours under unwholesome

semi-manufactured material, not sufficient land or sea trans- insanitary conditions, end with from whatever, portion of the Was it not the growth of a con- scious sense of solidarity, of com- port. Then there was the enor out adequate provision for rest world it came. mon interests and of responsibil-mous inflation, through the bor-and recreation, for decent homes, ities, among all, whether they be rowing of the different countries, and all the interest and pleasure capitalists, managers, workmen,

of currency, which had upset the of human social life. (Cheers.) middlemen, retailers, all who con- by itself and in itself cut down ought not to be confined to the whole scale of, values, and had But that most excellent doctrine tributed in any way to the pro- the purchasing power of every domestic sphere. Its application more completely vindicated than duction and distribution wealth? That could

pound received, either by the should not be confied by racial, theirs in "the course of the war. OPIUM FROM INDIA. be brought

fixed income owner or by the national, about between

and geographical Through Free Trade they were

Before the war the opium used capital and labour without dis-

able to keep the Allied flag firing in England for medicinal prepara- boundaries. OPEN MIND OR LOCKED BOX. carding many old traditions, with-

The prime economic need at and make the cause of freedom tions and for the manufacture of out scrapping many old raethods, being, artificially aggravated by production should be increased going to throw all that away Turkey and Persia. It is now

But prices bed been, and were this moment of mankind was that and justice prevail. Were they

morphine was obtained from without giving (he believed) an the restrictions of imports, neces- until the maximum output was actual and a living voicé

There never was a more effective established that opium suitable Labour in the control and carry-war. They had been waiting nine home in the domestic sphere was the wisdom and foresight of for the manufacture of morphine sary to some extent during the obtained. What was true at or more eloquent corroboration of for medicinal use in Europe and ing on of the common adventure. months for some definite and not only equally true, but more Cobden and Gladstone than in (Cheers.) But it was equally true authoritative announcement of significantly true, in the inter- the fruits produced in the great-certain areas in India. After the can be readily obtained from that there was needed the same the fiscal policy of the Govern- national sphere. But what was est struggle the world had ever outbreak of war, the Government thing between workmen engaged in different forms and classes of ment Where was it to be found?the use of increased production seen. production. They did not live in There were two alternatives-in at home and abroad unless there

of India permitted the export In the Peace Treaty they had of a certain quantity of opium watertight compartments; they in an open mind, or in a locked were facilities for free inter- obtained their dominating objects. to the United Kingdom for were all inter-related,

box (Laughter.) The restriction change of the products of labour? What they had done for the use He did not think it was necessary to raise of imports necessary for the pur-The essence of Free Trade was world, let them show they were morphine. The proof that Indian by manufacturers Of one's voice in this country poses of war, had not been the maximum output of produc- capable of doing for themselves opium is of much better quality against what

abandoned, and

at home. If they were to have athan was previously supposed is Syndicalism, which he believed instances even developed and ex-

The best way of keeping the solid foundation of industrial and mainly due has little foothold among their being created. The influx of free not only of affection but of in-by the exclusion of selfish institute. The results of recent panded. Vested interests were British Empire together, by ties of social peace, it could only be carried out at the Imperial In- to investigations

In his opinion nothing could imports so vitally need, was being terest, was to allow each of its terest and by the fullest possible investigations, published in the be more important than that denounced as fatal to the inter- separate parts to carry out the development of liberty. the industrial policy of the ests of the British producer. policy it thought best. The

workmen.

was

of

not

to

called

work-

great combinations of men-and the same was just

working man.

was in

some tion.

"ZEPPELINS" FOR ALLIES,

current number of the Bulletin of Another disquieting fact was the moment they endeavoured to

the Institute show that the so-called preferential proposals of establish, as between different

average amount of morphine in as true of the great combin- the Budget. They were trivial, Dominons, a system of Imperial

24 samples from the United Pro vinces was above the highest ations of employers should be and the sham approaching to a Preference they would find they shaped and directed not with an fraud. So the vicious circle went bad done a great deal more states that all German airships Pharmacopoeia. In fact, 19 of "General Seely. Air Minister, standard demanded by the British exclusive regard for the special round, and the consumer had to to destroy than to unite are to be handed over to the them were so rich in morphine exigencies of their particular pay two or three times as much the Empire. They would lose Allies. The number to be alloted that they would need dilution trade, but from the bigger point for his food, raw material, and their supremacy in the markets to this country has not yet been with lower-grade opium before of view which would embrace the manufactured goods.

of the world, they would im-decided. The airships will be they could be used for medicinal interest of every class of producers What was the real remedy poverish the people, they would taken over in Germany by the purposes in the United Kingdom. as well and of that still wider against high prices and of the handicap themselves, they would RAF section of the Later-Allied Similar results were obtained in

individual hardships which the go down step by step from the Aeronautical Commission body to which, after all, pro-

neers in the long run belonged-war had brought upon them? position of superiority to that of Control

of the case of 12 samples of Benares

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