4 MAY 1929, Page 1

Mr. Baldwin went on to say that the only final

cure was the improvement of trade, and this was being helped by Rationalization. Unfortunately Rationalization involved a certain temporary` displacement of labour, though it led to much greater permanent employment:- He was, indeed, confident of the recovery of our old industries. Unionist policy, as everyone knows now, approves of special expenditure. for helping unemployment over the dead point. The money will be directed to works Which can be counted on to stimulate trade. The special efforts include extra• road making, bringing the- railways up to -.-date- securing the urgently required balance between the efficiency of transport by -road and that of transport by Tail ; land drainage, when the necessary legislation lias 4een passed for con- solidating the drainage (considerably more than 800 in nunilxer).-which are- at-present-in-Taralyug rivalry ; slum clearance ; and -finally, a scheme of Colonial development with direct 'Government • help. The Dominions can be trusted to look after themselves, but many fields' of wealth are lying undeveloped in the smaller Colonies. * * * *