Realities and problems

Bibliographic data

Monograph

Identifikator:: 1830556908

URN:: urn:nbn:de:zbw-retromon-221283

Document type:: Monograph

Title:: Realities and problems

Place of publication:: Westminster

Publisher:: [Verlag nicht ermittelbar]

Year of publication:: 1930

Scope:: 67 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

FO ea ; Ou |B iy 3 = OQ A J Ey 6. This is a manufacturing country and upon the con- finuance of our manufactures in a healthy and stable condition our greatness as a nation depends and must continue to depend. 7. We cannot contemplate this country if reduced to trading and finance being able to support a population of 46 million people. Under such circumstances it would with difficulty support 18 millions. 8. These facts are elementary, and it might be thought that the first care of our legislators, keeping these facts in mind, would be to frame their policy in the direction of the conservation and development of industry, or, at least, to refrain from impeding industrial development. 1a, 9. So far from this being the case it must be realised that for the last two decades sentiment and sentimentalism rather than reason have been the mainspring of domestic policy. 10. The industrial ignorance of political parties in this country, and the readiness with which they have from political motives added to the burdens on industry, is illustrated by the fact that during the last 40 years social burdens have increased by about 1.500 per cent. iL Ww. FE 11. In vain have protests been made as to the inevitable result of such a course; in vain has it been urged that the cumulative effect of such burdens and their accompanying administrative expenses must sooner or later result in a declining industry and a bankrupt Treasury. 12. It is indeed time that we faced facts. Democracy nstead of being bribed by promises and benefits must be told the truth. 13. The passion for making royal roads for everyone rom the cradle to the grave must give place to the con- sideration that in a well ordered State, the conception of he State as a fairy godmother is a fundamental fallacv. om 14. The prosperity of a people depends on their own 'xertions and the measure of that prosperity must govern nv State benevolence. 15. The example set by the State in the matter of xtravagance has served as an encouragement to local wuthorities. 16. Such extravagance, national and local, is draining he country of money and is engendering in the people a eeling of false security which is being translated into apathy. I i 3 1

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