Undertakings, he declared, which would improve and enrich the nation~ assets would largely absorb the permanent unemployed, who were at present demoralized by doles. Fin-Anees for the scheme would be limited ich year to the capital which could bbe raised without injury to ordinary We emphasized that they must avoid over-straining the national credit, and in' this connection criticized the Bank of England, whose advice in the past he described a "misleading, - short-sighted, marrow and mischievous."
He did not suggest, he added, that ink of England should become ernment department, but the Girectorate should be chosen to ensure closer contact with Industries and commerce,
Text read from the printed page and cleaned; old type leaves the occasional error.