The Birmingham age-herald., 1921-10-20
PEACE AND TRADE
 NEEDED TOSTART
 INDUSTRIAL BOOM
Good Understanding Among Nations Vital Remedy to Cure Unemployment
 Situation
LLOYD GEORGE
By Associated Press

London, October 19.-Following closely upon the British governments announced determination to aid in solving the unemployment situation by the extension of extraordinarily large credits and the declaration that no Briton Is to starve, David Lloyd George, the prime minister, delivered notable address in Parliament today outlining the governments policy, both with regard to trade and unem- ployment
 The premier declared that the en- tire situation was the result of the world war and that a good under standing between nations, together with trade rehabilitation, was the es- sential remedy for cure
 In outlining the governments pro- posals to alleviate unemployment, MT. Lloyd George made the following striking declaration:
 Peace and good understanding among nations is vital Let us get out or the atmosphere where if you talk about German without a frown on your brow you are no patriot. Trade cannot start in such an atmos- 'NtNa U JVu intervene to make peace. your motives are nisunder- stood, but if Great Britain will not do it. who will? We stand for sta bility. We want to see the nations begin again the tasks of peace."
 The entire speech was a plea that the country Is suffering from the re- suits Of the war and a declaration that restoration rests upon the re- Vtval of industries and the rehabiIita- ton of the purchasing power abroad and that revival in trade depends largely upon the Bringing about of . good understanding among nations,
 Previous Steps Justified
 MT, Lloyd George spiritedly justi- lied the steps the government already had taken to meet the unemployment problem He contended that the Brit ish plan of imposing heavy taxation was much better than the means adopted by some countries of creating an artificial credit and producing a feverish boom to be speedily followed by serious reaction. He said the gov ernment proposed eonditionally to guarantee interest on loans agere- gating 25,000,0o0 pounds for use in capital undertakings providing em- ployment or for the purchase of ma terial for manufacturers, and also to allocate 10,000,0O0 pounds for the as- sistance of relief work and later the establishment of a fund for workers dependents.
 The premier argued that in the problem of unemployment relief work was unsatisfactory and the dole sysl tenn worse. He admitted that to try to stimulate trade abroad would in- volve the government in some risk, hllt a danlarad x1-uS a the risk than to stand still. The gov- ernment therefore had decided to ex- tend eits experts scheme to other countries, including the British do- minions.
 He also proposed further assist ance for state aided emf grafton of former service men; the allocation of 10.000.000 pounds for relief work in forestry and drainage; additional as- sistance to the local authorities, to share in the interest on loans raised to start public works and an exten- sion of the benefits under the unem- ployment insurance by an additional levy of two pence.
 Russian Field Boundless
 Referring to trade with Russia, he said there had been no restrictions on the British side to such trading, but that the total trade for the first ei ght months of the present year had been only 3,160.000 pounds, which showed there was now an unlimited field ih Russia for British or any oth- CT enterprise.
 Concerning proposed guarantees of interest of loans raised by any do- minion or colonial government or any foreign government or local sauthori- ties for essential enterprises, such as electriflcation and waterways, would provide immediate employment in the United Kingdom, the premier explained that the total liability of the government would be 25,O0o,OOo pounds and that a committee of men of high authority and knowledge would be created to administer the scheme.
 In the debate following the pre- mier's speech, former Premier As- auth said in his judgment the ques- tion of unemployment raised the ne- cessity for reconsideration of the en- tire problem of international indebt- edness, including the indebtedness of
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