TRIBUTE TO CANADA.

Auckland Star, Volume LXIX, Issue 155, 4 July 1938, Page 9

TRIBUTE TO CANADA.

Weil-Balanced Economy Praised. DOMINION DAY DINNER. British Official Wireless. RUGBY, July 3. In proposing the toast of Canada at the Dominion Day dinner of the Canada Club held in London, at which he was the principal guest. Sir John Simon, Chancellor of the Exchequer, congratulated that country on its satisfactory financial and economic position. It was. Sir John said, a tribute to the well-balanced economy which had been built up by successive Dominion fJovernments that notwithstanding depressed world economic conditions and the failure of her own wheat crop. Canada's accounts for the past financial year showed that the revenue for that period was higher than at any previous time in her history.

Sir John Simon referred to the racial animosity in certain parts of the world and added that Canada had set an example of how the spirit of freedom was best promoted by reconciliation between different races and different points of view. Mr. Vincent Massey, High Commissioner for Canada, who presided, said one of the factors which had helped Canada to stand more firmly on her own economic footing was the development of Imperial trade and the system of preference between Canada and other British communities.