Professor Henry Clay: 'What is Private Enterprise?'

In his last talk three weeks ago, Mr. D.H. Robertson asked some pertinent and searching questions in connection with solving the problem of poverty and its persistence. The first of these was concerned with private enterprise in industry, and in these next six talks in the Monday series Professor Clay will explain what private enterprise has done to adapt itself to changed conditions. In this evening's talk he considers the character and scope of private enterprise, whether it is being changed by the expansion of the scale on which industry is conducted, by the growth of great combinations, and by the spread of joint stock companies. Professor Henry Clay, who was for eight years a lecturer for Workers' Educational Tutorial Classes under Leeds, London and Oxford Universities, was attached at the end of the War to the Ministry of Labour; he was then successively a Fellow of New College, Oxford, and Professor of Political Economy and of Social Economics at Manchester University. He is the author of several important books on Economics.