WITHIN YEAR.
TRADE BREAKDOWN.
Complete World Collapse From
Self-Sufficiency Plan. BRITISH EXPERT'S VIEW. United Press Association.—Copyright. (Received 1 p.m.) WINNIPEG, November 28. Sir Oirorge Paish, noted British economist and finance expert, addressing the Institute of International Affairs, predicted a complete world trade breakdown within a year, unless (he policy of selfsufficiency pursued by nearly every nation is abandoned.
The breakdown would first lead the world to revolution and then to war. Every nation must reverse tariff policies in favour of freer trade if disaster is to be averted.
'The greatest hope is that Britain and the United States will get together and announce to the world what they will do regarding freeing trade, on the condition that Germany and other nations act reasonably.
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Bibliographic details
Auckland Star, Volume LXIX, Issue 282, 29 November 1938, Page 9
Word Count
123WITHIN YEAR. Auckland Star, Volume LXIX, Issue 282, 29 November 1938, Page 9
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