There is a growing opinion that the only alternative to
leaving the situation as it is, is to introduce legislation
to bring the industry under public control and to place its
direction and development in the hands of a public corporation.
This is likely to meet with the strongest opposition
by the supporters of private interests, but public
opinion must be informed and the issue judged from the
standpoint of the importance of a great basic industry to
the economic welfare and progress of our country.
In any case Parliament is committed to take steps with
regard to the industry by the resolution adopted by the
House of Commons on November 5, 1930, and which was
as follows :(—
“That this House views with grave apprehension the
present condition of the iron and steel industry and
urges the Government to take immediate steps to stem
the continuous decline in the activities of this industry
with its resultant increase in unemployment.”’
We are submitting resolutions for discussion ag to the
policy to be adopted by the Confederation.
“Tre Executive COUNCIL.
—