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WORLD TRADE.

BRITAIN'S HIGH STANDARD. INTERESTING COMPARISONS. (United Press Association—Copyright). (Received This Day, 9.10 a.m.) LONDON, October 27. "Britain's international trade may double itself in 50 years," Dr. H. Levinstein (formerly managing director of the British Dyestuffs Corporation) told the Imperial College of Science. He quoted figures showing that if the world raised its trade to Britain's standards the world's commerce would b« multiplied sixfold. If the trading capacity of the Asiatic equalled that of the African, the world's trade would increase 30 per cent. Russia's efforts to increase manufactures would ultimately benefit the world. There was no over-production of food, as the greater part of the population of the world was under-fed. The fall of commodity prices was originally duo to a shortage of gold. Britain could easily pay her war debt to America by mining weaker ores than private enterprise was prepared to mine.

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https://paperspast.natlib.govt.nz/newspapers/AG19321028.2.39

Bibliographic details

Ashburton Guardian, Volume 53, Issue 15, 28 October 1932, Page 5

Word Count
146

WORLD TRADE. Ashburton Guardian, Volume 53, Issue 15, 28 October 1932, Page 5

WORLD TRADE. Ashburton Guardian, Volume 53, Issue 15, 28 October 1932, Page 5