Download or read book The Empire Review and Journal of British Trade, 1920, Vol. 34 (Classic Reprint) written by Clement Kinloch-Cooke and published by Forgotten Books. This book was released on 2016-12-27 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Empire Review and Journal of British Trade, 1920, Vol. 34 The fantastic elements of the advanced Labour programme were admirably illustrated in the election address of the Labour candidate for Spen Valley. His proposals for Ireland and India would certainly lead to the Separation of both these countries from the Empire. But his economic ideals were even more remarkable. He would nationalise the mines and the railways, insist on the Government spending at least 200 millions on housing, and would make the State responsible for the main tenance Of every child during its period Of education. He would have the land for the people, mothers' pensions, larger increases in Old Age pensions and other costly proposals, which in the aggregate would demand an expenditure of several thousands of millions Of pounds. He would raise this sum and pay Off the National Debt at once by a levy on capital, a proposition economically impossible. All this hazy magniloquence is due to the venerable fable that there is a bottomless reservoir Of Government money and Capital from'which the wildest schemes and the most comprehensive reforms can be financed. To get into Parliament on such a programme is to Obtain votes by false pretences. Such fantasies should be ruthlessly exposed and analysed by all who have the Opportunity Of doing so. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.