Abstract
MB. LLOYD GEORGE, outlining at Bangor on January 17 his proposals for national development, said that the supreme paradox of our generation is that millions of people are living in poverty and despair, not because of scarcity but because of overabundance. Foremost among the problems of to-day and to-morrow is the question of securing peace among the nations, since whatever economic and social system is built up, unless it is based on peace, it will be founded on a quicksand. Next there are the obstacles to world trade, commerce and shipping which have multiplied enormously in the last few years. We are to-day confronted with a twofold problem, first of temporary unemployment due to abnormal conditions, and secondly of permanent unemployment which cannot be absorbed under the existing system. Our aim should be to find work for the workless instead of providing doles, and where private enterprise has been proved to be palpably urlable during the present emergency to solve our national difficulties, the administrative and financial resources of the nation as a whole should be made responsible for setting on foot and supporting those developments in town and country which would bring our unutilised labour, our idle capital and our undeveloped resources into fruitful activity. Something on these lines has been attempted here and there-in housing, roads and other public works-but where it has been done, it has been done sporadically and inadequately.
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Mr. Lloyd George's Plans for National Development. Nature 135, 141 (1935). https://doi.org/10.1038/135141a0
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DOI: https://doi.org/10.1038/135141a0