The Archive · 1921

Limitation 19,487 1.69 No-Licence 447,311 38.64

Wuar tHe Trave Says.

The Trade are naturally jubilant over the extent of their victory. "Overwhelming" and "sweeping" are everywhere used. One of their leaders puts it in this fashion: "The full results of the Locat Veto polls, after a spectacular and unscrupulous campaign for No-licence, reveal a bare 5 per cent. reduction of existing licences. The only people to suffer are the 5 per cent. of licence-holders who have been robbed of their invested capital, as well as their employment and livelihood, and the only people to benefit are the 95 per cent. of licence-holders who re-

Text read from the printed page and cleaned; old type leaves the occasional error.

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