Full text: British engineering industry

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This is a manufacturing country and upon the con- 
€ of our manufactures in a healthy and stable condition 
:atness as a nation depends and must continue to 
Ne cannot contemplate this country if reduced to 
and finance being able to support a population of 46 
people. Under such circumstances it would with 
¥ support 18 miilions. 
hese facts are elementary, and it might be thought 
> first care of our legislators, keeping these facts in 
vould be to frame their policy in the direction of the 
ation and development of industry, or, at least, to 
from impeding industrial development. 
S50 far from this being the case it must be realised 
the last two decades sentiment and sentimentalism 
than reason have been the mainspring of domestic 
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The industrial ignorance of political parties in this 
and the readiness with which they have from political 
added to the burdens on industry, is illustrated by 
that during the last 40 years social burdens have 
2d by about 1,500 per cent. 
In vain have protests been made as to the inevitable 
f such a course ; in vain has it been urged that the 
tive effect of such burdens and their accompanying 
| trative expenses must sooner or later result in a 
+18 industry and a bankrupt Treasury. 
It is indeed time that we faced facts. Democracy 
of being bribed by promises and benefits must be 
truth. 
The passion for making royal roads for everyone 
1e cradle to the grave must give place to the con- 
‘on that in a well ordered State, the conception of 
‘e as a fairy godmother is a2 fundamental fallacy. 
their own 
The prosperity of a people depends on 
'S and the measure of that prosperity must govern 
te benevolence. 
The example set by the State in the matter a 
Sance has served as an encouragement to 
es. » » * 
Such extravagance, national and local, is draining 
ntry of money and is engendering in the pops 
of false security which is being translated into apathy.
	        
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