TRADE IN CANADA.

Ashburton Guardian, Volume XXXV, Issue 8202, 27 July 1915, Page 6

TRADE IN CANADA.

CONSIDERABLE DEPRESSION

AUCKLAND, July 28, The Hon.J. C. Watson, formerly Commonwealth Prime Minister,: _who is a through passenger .from couver to Sydney by the Makura, says he learned from business people in America that trade is suffering con-

siderably as a result of the war. The ! extra trade resulting from the manufacture of munitions has been more than counterbalanced by the falling off in general industry, while the cotton has been mopped up by the war clothing factories. There is less employment than in ordinary times, and the only manufacturers who seemed fully engaged were those employed in connection with engineering establishments or those containing plants which could bo turned to account for the manufacture of war munitions.

Mr Watson was not directly aware of any movement to bring pressure on Britain to purchase tho surplus cotton crop, a movement which developed, after he had left Canada.

Mr Watson says that : Canada is greatly concerned regarding the shortage of shipping. It appeared hopeless to expect to procure the tonnage necessary to get away the- surplus of what was expected would be record wheat crop.