* * * * Sir William Joynson-Hicks then mentioned that
there was believed to be about a million and a-half tons of iron and steel in the Ruhr which were ready to be dumped in this country as bankrupt stock. In his opinion the Government would be guilty of " stupendous folly " if they allowed our own manufacturers to be hopelessly undersold by such dumping. " I take this opportunity of warning any who think they may make profit by purchasing this stuff that they will do so at their peril." We cannot agree. In our opinion cheap material, provided, of course, that it is sound, would give a great fillip to exactly the kind of work that needs to be clone. If more possibilities of construction were thus opened up everybody would gain, including the British iron and steel manufacturers as well as the unemployed. The Government should make a point of getting hold of cheap material.
