Whenever the costs jump, they quit building and they hold that threat over the builders. That must happen here, if we are going to get into this house building in a big way. Housing is a most important internal political question in England, each party trying to develop a program which will appeal the most to the people. We have nothing like that in this country. The real issues there center on such things, as housing, insurance, the farmer, etc., and not the usual political issues.
Issues there cover the social field.
The labor crowd there is forcing the liberals far to the left and both are forcing the Tories further to the left. Capitalists in England have decided that to maintain a capitalistic system, they must have a low but sure interest return. If they can get three and a half or four, they are satisfied. The question there is now will the housing program continue indefinitely building houses for artisans, as they have. The labor party there says that there is no great need for more houses for the middle classes, but for the causal workers who cannot and should not try to own houses.