TRADE OF EUROPE.

Auckland Star, Volume LVI, Issue 29, 4 February 1925, Page 5

TRADE OF EUROPE.

DOMINIONS AND PREFERENCE. COMPLACENT BRITAIN. LONDON", February .1. Mr. Neiille ( haiiibcrlain i Minister of Health), it, Ihe curse of a speech at the Free Trade Hall. Manchester, di.-eiisscd the i|Ucstioii of Imperial trade, lie said I Britain should make M ire ~f the shelter she could obtain in the Imperial markets. Thcv were Hie only markets in the world 'in which she could tun gel any preference or favour against the fierce blast of foreign compel it ion. Britain had been too complacent in her attitude toward her relations with: the other parts of the F.mpirc. She had! I regarded preference as being secure, without giiing anything in exchange. There could not lie a more fatal I mistake. I It would be better lo buy wheat and i cotton from British possessions instead of from America, the purchase of whose productions only exalted the dollar tit | Ihe expense of the pound. ; Mr. t hambcrlain said he hoped the Covernnieiit, by autiinincinu it- intention | lof proceeding'with the Singapore base! scheme mid with preference, would emniteriict the unfortunate impression which j had been created by the Lai.our (inverlimeiit by its rejection of the resolutions of the Fl niic ( ollferenee. I .\. al.d 1 N.Z. ( able. I i