BEWILDERED.

Auckland Star, Volume LXIV, Issue 171, 22 July 1933, Page 9

BEWILDERED.

MR. BRUCE HITS OUT CONFERENCE BLINKS. Slashing Condemnation of All Its Work. PAILURE TO RAISE PRICES. (United P.A.—Electric Telegraph—Copyright) (Received 12.H0 p.m.) LONDON", July 21. ?.Ir. S. M. Brace's unexpected and outspoken dissent from virtually the entire work of the World Economic Conference, roused the plenary session of the Economic Commission. His speech made the conference blink. It was probably the conference's most outspoken utterance. The Italian delegation, who are Fascists, M. Maisky, the Soviet Ambassador, and several foreign Socialists sat bewildered as .Mr. Bruce castigated their creeds. t Mr. Bruce declared: ''Fur th : > conference to have achieved nothing but a limitation of production, or a plan of campaign in that direction, is indeed an admission that the eonrerence at present has failed in the policy of price-raising upon which it embarked.

"We are not desirous to be associated with such action, which, instead of benefiting, quite possibly will ultimately prove disastrous." Mr. Bruce intervened at the outset of the seriatim discussion of the commission's voluminous report, declaring that although Australia did not dissent from the report he desired to clarify certain aspects of Australia's attitude dealing with the co-ordination of production and marketing. Australia greatly regretted that there should have been such a concentration upon limitation of produce. Australians refused to believe for one second that the real object of (lie conference was tho raising of prices by mass restriction of production. Australia was prepared to consider action where the circumstances were exceptional, for example, tremendous stocks, but only as part of a co-ordinated plan, with the endorsement of the producer countries concerned. (>ivernnients could not initiate or control, nor could the primary producers alone operate it. "Australia dissents entirely from the dairy produce report, whereby no useful purpose can be served," lie said. Mr. Bruce culminated with the striking declaration that "this report presages government on the basis of Socialism, Fascism or Communism. Australians decline to be a party to anything of this kind."