What is wrong with the British iron and steel industry?

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Monograph

Identifikator:: 1868556093

URN:: urn:nbn:de:zbw-retromon-249484

Document type:: Monograph

Title:: What is wrong with the British iron and steel industry?

Place of publication:: [London

Publisher:: The London Caledonian Press]

Year of publication:: 1931

Scope:: 23 S.

Digitisation:: 2022

Collection:: Economics Books

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RESOLUTION. {. This Conference of representatives of workpeople engaged in the various branches of the iron and steel industry and having a stake therein second to that of no other interest, view with grave eoncern the failure to secure such a conscious planning and organisation of the industry as the present situation demands for its future suceess as a progressive force in the economie life of the country. 2 We assert that there is no justification for the defeatist attitude which appears to prevail amongst those who are in control of the industry, but that, on the contrary, its potentialities are such as to inspire the greatest confidence in its future, if the necessary measures are taken without delay to organise its productive resources and the sale and distribution of its produets, and to secure adjustment of its relations with its competitors by a sufficiently authoritative and representative body being established capable of speaking for the industry as a whole. 3. We are of opinion that, taking the long view, this would not be secured by any crude expedient of Tariff im- position which has no regard to the necessity for financial adjustment and organisation, nor to the extent to which the industry enters into the requirements of other important trades. On the other hand, we assert that in any scheme of pfficient national organisation of the industry, it is essential for its healthy development that provision shall be made for obtaining reasonable security in its home market by the proper control and regulation of those forms of uneconomie sompetition which prevail. 4, In view of the urgency of the situation and having regard to the national welfare, as it now appears that the gonflicting interests of private enterprise make impossible the necessary action with regard to the industry, we call upon Parliament to give the Government legislative authority to bring the indusiry within the control of a publie utility eorporation, and to secure the mobilisation of the best organising ability, technical knowledge and experience for the effective organisation of the industry on the following lines *— (a) (bh) (¢) The application of a national scheme of planning of the industry in all its main branches in well-defined regions of organisation with Managerial Boards responsible for the operation of the indusiry in their respective regions, A Central Board for the general supervision of the regional organisations, but allowing such local auto- nomy as will secure the fullest degree of initiative to produce the best results consistent with a sound national policy. Among other things, the Central Board would arrange for an adequate supply and distribution of ores and (22)

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