INTERNATIONAL COMMERCE.

Auckland Star, Volume LIII, Issue 104, 4 May 1922, Page 5

INTERNATIONAL COMMERCE.

c !l RECIPROCITY AN E3SENTIAL. t ____ v ' MOST-FAVOURED-NATTON \ TREATMENT. C (. LONDON, May ». '•"] The Erunouiit Coranv.Esien adopted a 'j Swiss motion recalling the principles of 'equitable treatment in roramcrce cont itained in Article 2.1 of the League of fixations Covenant, ft recommend* the I resumption of commercial relations an !j I the basis of treaties of commerce founded, lon the oii. , lia7id, on the system of ?j reciprocity adapted to special rtrcmJ stances, and containing, on the other I , hand, the possibility of a niosi-f.-t'ourod-I nut inn clause. A British preamble "as ji adopted io this motion, scttuipr forth that . j moet of tW countries represented at the s i conference, while recognising th? tcinpo- | rary difficulties which may preclude the » ! gcne.rr.l adoption of the most-favour.fd- , nation riauw, in all ca§es, affirm tfceir ~ ! con\iotion that ihie should he. the goal -, aimed »!. , i FrsTic.-' dissented from "he motion, *"g----eipeetirij; that Rritain regarded the most--5 I favoured-nation treatmeir too much as {■ s doctrine and a*> the only remedy for B I linroftean diffictlHiM. There were otiier ,; remedies, such as reciprocity and romJmwial treaties. — (A. and XX Cable.l '! MEMBERS' SALARIES. -I COUNCIL PASSES THE BIX.I*. , I •;' iKccerred 1-.30 p.m.) SYDXEY. this day. Legislative Council passed the second reading of the Bill by 27 to 1". and the meapiiTc was carried through ::11 its without amendment. The areen.-bly adjourned till Tuesday for the sipninp of the bill. Prorogation for :i few weeks is tlicn iml'u -itcd.—A. and X.Z.