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Great Engellex

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The NORTHERN BULL & LION
RIPAMAMM, NORTHERN REPUBLIC
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THE ARTFUL DE-PRESSIONING - A NEW HOPE

The UNEMPLOYED, the DISPOSSESSED, the REFUGEE, all form part of the greatest and most difficult question to face the United Republics in the Thaumantic, many say, the most important.

For the working man and woman there remains often no greater tragedy than unemployment, at all times filling one’s mind with unscrupulous anxiety. Those who have had experience of distress can furnish us with many bitter recollections. The fear of unemployment, dispossession, seeking refuge, is cause of dis-peace and disquietude. Should the United Republics eradicate the dread of such terrible instances that which affects the minds of the working man and woman, a surety and a confidence in willingness and ability to create a new spirit of harmony and happiness.

Fear, it is the greatest impediment to the United Republic’s prosperity. There exist masses of people throughout the Union today who believe that the more they produce the less will be wanted, and conversely that the less they do the more employment will be afforded. That is erroneous; so long as the fear exists we may never succeed in completely eradicating unemployment, dispossession, the refugee, and nothing would tend so much to increase the output of the United Republics, which is so urgently needed, as the creation of an assurance in the minds of the working people of the Union, that they would be sustained free and not abandoned should the day of any one of those afflictions comes.

Today there are are those that believe, and write letters, on the possibilities of devising a system in which there would be no unemployment. This publication, to be confessed, does not hold that view and cannot share in the optimism. It should not be forgotten that a bad season, a blight in the crop of one of our great raw material, may cause dislocation in the trade of any country which no provision can make beforehand can cope with. Nearer to home, within the United Republics, even a strike in one part of the Union may throw out employment and dispossess the people who depend upon the raw material produced by those who are on strike, and there are many recent examples of that fact. Upon the whole, the matter must be looked at in a prudent and tactful light, the only thing that can be done is to anticipate unemployment, dispossession, and the refugee concern, and make provision against them. What provision can we make? Insurance is one of the best known expedients, and it is upon the road of insurance that the United Republics has already progressed, Sir Artie Pelham-Shelbus, Prime Minister of the Northern Republic.

In RIPAMAMM, on Wednesday, the Prime Minister of the Northern Republic laid out his scheme to the Northern Parlement on the proposals, to remedy such afflictions, he intends to submit to the United Republics Ministry in New Union City.

Has it not been found quite obvious to all, certainly, that insurance against that which persists to undermine must be much more widely and ambitiously extended than it has been in the past? It must be that we insure every citizen, in all the United Republics, against the ungracious scourge of UNEMPLOYMENT, DISPOSSESSION, and need of REFUGE.

Must we sincerely consider again the merits of a contributory opposite a non-contributory scheme? Should it be preferable to bring in all the industries of the Union, or the great majority? Or should it be prudent to pool the resources of all and make one consolidated scheme? Not again, I demand of you. Look to ourselves as Representatives, as Citizens, are we not urged together by a shared humanity to face the problem afresh, to not be overwhelmed by persistent circular inquiry; separate the modern subject from the tired old questions. We have acquired experience, valuable experience gained in the working of insurance schemes under numerous Acts before, between 1910 and 1919. The experience does not permit us to be reasonably confident in pursuing a system founded on that evidence, on those questions, because, as we all know, the period was entirely abnormal. Yet, the emergency measures undertaken, to countenance menacing unemployment and the persisting tragedy of refugees in New Angellex, did however demonstrate the limitations of citizen-led initiatives. None could contend such schemes proved a source of demoralisation of our people, an accusation entirely justified and genuinely acknowledged with unanimous sympathy within the Union.

In short, the emergency measures at the very least provided us a guide, a measure of warning to Parlement, to the Thaumantic. Permitting us this last conclusion, a sensible confidence, for a non-contributory scheme, a universalist scheme, the De-Pressioning Ordnance.

A financial imposition on the federated republics, yes, and centrally from the United Republics Ministry. Not a burden nor indulgence, but a proper measure of public necessity, bold and audacious, for a greater immunity from the risks personal to all, and some value to the overall economic stability of the Union. Accordingly, out of past efforts and misadventures, the machinery is sufficiently in place, capable and timely, to administer with a jolly efficiency through the Employable Exchangeables throughout the United Republics, providing that the means of provision remains untested and without undue complication; bureaucratic estimations should prove equally efficient, too, on the ease of access to that public benefit.

To our Friends on the opposite side of the House, and indeed New Union City, I hope, do endeavour to conspire with me in consigning such unnecessary deprivations to our collective history. There remains much to consider, much to do, and we cannot suffer hesitation to face it.
 

Great Engellex

Established Nation
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DULWICH, ENGELLEXIAN REPUBLIC
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CITTIE DULWICH FINANCIAL PARTICULARS & NEARABLES

CITTIE DULWICH FINANCIERS are seriously contemplating the likelihood of a rise in the BANK OF ENGELLEX rate in the NEAR future; that is to say, in the next few weeks. As the days go by apprehension on this score may grow. The fall in the New Angellexan exchange within the past few days has revived these apprehensions, as the fall occurred within near distance of the autumn, when Engellexic requirements from North Westernesse, indeed New Angellex, will increase. Apprehensions were lessening before this drop occurred, but having occurred in a manner that few expected, it has re-awakened alarm respecting the future of money.

Many hypothesis may be advanced to account for this sudden and accelerated fall in the Jacoboston exchange. Many attribute it to speculation stimulated by the New Angellexan President’s speech on the Implarian Federation’s social tensions comparatively to those in other parts of Europe, notably Corrientes and Remion. In all probability there is much truth in this, for the speculator would try to make the most of a situation that appeared favourable to manipulation. If speculation has had much to do with it, then the immediate course of the exchange will depend upon the development of events in Westernesse and a rise in the Bank of Engellex rate would not help matters in that connection if those developments became more serious. Should they become less serious and the situation improves, then this may be reflected in the exchange and make still less efficacious and desirable an advance in the Bank rate.

As the situation is one of great obscurity, we can only grope mentally, as it were, and trust that we shall grope in security.

What persists to occur strengthens views, regularly denounced, that there is no permanent solution of the exchange problem except the scientific solution of liquidating indebtedness and paying one’s way. All other attempted solutions must be unscientific, uneconomic, temporary, and procrastinating. Advances of the Bank of Engellex rate are of this unscientific, hopeless character. In pre-war, regular times these advances would be correct, when exchanges were in a regular condition, and when national currency conditions were normal, but the Bank rate in these times must be regarded as ineffective. Experience has proved this, and experience has taught us that a high Bank rate can do a great amount of mischief and raise up great difficulties, and complicate problems.

Would it be more risky to try another experiment - that of cheaper money than of still dearer money? We repeat that we are groping and feeling our way about.

UNITED REPUBLICS MINISTRY TO BUY THAUMANTICAN COMMONWEALTH PRODUCE
Minister-General of the United Republics, Eglantine Cobham, has arranged for the purchase by the United Republics Ministry of all wool and sheepskins, including the current season’s clip, from the Thaumantican Commonwealth. The Thaumantican Prime Minister confirmed that the Commonwealth will cease local valuation of wool and sheepskins thereafter.

MARITIME CIRCUS INTELLIGENCE & LLOYDS
HOGGARD LINES officials have responded to working-hour reformation demands from employed seapeople. If the seapeople were to succeed in their demand for a 48-hour week there would have to be an increase in Transthaumantic passenger rates ranging up to nearly eight pounds, informed Captain Seraphim Biggs, the Joint Manager of the Hoggard Lines, Three Stars, and Thaumantican Lines, Hammersmith, in an interview with a Publication Representative yesterday. Captain Biggs is also Chairwoman of the Seafarer’s Committee of the Hammersmith Employing Circle, a local department of the Republic Maritime Circus.

A forty-eight hour week for a seaperson would indeed be a very serious matter for companies such as the Hoggard and Three Stars, maintaining very fast passenger services across the Thaumantic. High speed - eighteen, twenty, twenty-three knots - of course means a large stokehold and engine-room staff. Heavy passenger lists necessitate a great number of stewards. To increase these staffs - in addition, of course, to the deck hands - to enable an eight hour day to be worked would entail a very large addition to the total complement carried.

For the Amortentia, a forty-six-thousand ton ship, the increase would be two-to-three-hundred people in all branches of service. In wages alone this would cost from three-to-five-thousand pounds a month. The Giganticus, burning coal would need about two-hundred hands, costing in wages about three-to-four-thousand pounds a month. A medium-sized ship, such as the Bellweather, of twenty-thousand tons, would require several hundred seapeople at approaching three-thousand pounds a month. Besides the question of extra wages, extra consumption has to be considered, and particularly it must be remembered that a large amount of passenger space would have to be given up for the accommodation of the additional hands.


Hoggard Lines are forming estimations to be officially released on precise costings for each vessel, not insubstantial for Europe’s largest steamliner company.

Admiral Barnaby Pellew, Joint Manager and a Director of the Hoggard Lines, in discussing the proposed 48-hour week with Captain Seraphim Biggs, also pointed out that the men and women would be doing nothing for two-thirds of the day. The curtailment of passenger accommodation in conjunction with increased running expenses would be a factor in further increasing freights and passage money. Hoggard Lines objects to the demands.
 
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