TRADE TREATIES.

Auckland Star, Volume LXVII, Issue 22, 27 January 1936, Page 4

TRADE TREATIES.

ANGLO-AMERICAN PLANS.

According to the Ottawa correspondem of the ''Montreal Gazette," writing or December 4, unfeigned elation is expressed in Federal circles over the prospect of an Anglo-American trade treaty, and whatever benefits that automatically accrue to Canada as a result of that pact will be regarded as a further vindication of the wide terms of the deal concluded i last month between this country and the United States. • _ What is regarded as of even greater > importance than the prospective conclusion of a close commercial arrangement between the United Kingdom and the United States is the further impetus that will be given to a movement whose inevitable goal is believed to be the establishment of an Anglo-Saxon hegemony, whose influence in preserving peace and an economic balance between the two hemispheres will be difficult to measure. Triangle or Relations. An Anglo-American treaty, it is contended, will complete a triangle of commercial relations as between Canada, Britain and the United States, and may be regarded as the almost inevitable result of the long existing exchange and monetary triangle between the three countries. An exchange of most-favoured nation treatment l>etwecn the three will have farreaching effects upon international commerce, and already there are evidences that this commercial triangle may be extended. An illustration of the value to this country of the concessions which the United States may give to Britain, and which would be secured by Canada as a result of the exchange of most-favoured nation treatment between Canada and the United States, is that the Dominion would probably receive an easier access to the United States for certain products of the sea which were not obtainable directly through the treaty last month. Amongst theso products are kippered and pickled | herrings, a lower duty on which to the United States would be a boom to the maritime provinces, and this advantage would be gained without the payment of any additional price by Canada. It is held that there are other important items of commerce which Canada could sell in greater quantities across the border. In a recent twelve months' period about 500,000 dollars worth of herrings were exported by this country, and that amount could easily be doubled. May Revise Ottawa Pacts. It is not expedted that a pact between Britain and the United States could be concluded without two or three months' delay, and it is believed even possible that oefore it is finally approved or becomes operative, Canada may be able to revise the conference agreement with the United Kingdom. It is believed, too, that there is still a possibility of Premier King paying a flying visit to London before the opening of the Parliamentary session. He would not lin +«

u ouju nor. oe expected to discuss any » treaty details, but simply niake a gesture 5 of good will toward the new British Government. p