KITE IMPORTANCE OF EXPORT TRADE.

Auckland Star, Volume LXX, Issue 20, 25 January 1939, Page 11

KITE IMPORTANCE OF EXPORT TRADE.

POLICY STRESSED. Britain Will Protect It At All Costs. PEACEFUL SETTLEMENT. United Press Association.—Copyright. (Received 9.30 a.m.) LONDON, January 24. M further warning that the British would protect their export trade at all costs, and German views concerning this warning, were features of the annual dinner of the German Chamber of Commerce for the United Kingdom. Dr. Wiehl, commercial director of the German Foreign Office, said exchange control and clearings payment agreements had been forced on Germany by her creditors, creating the * present difficulties. He thought that recent changes in Anglo-German and foreign trade did not justify alarm in Britain. He thought the situation could be settled °by arrangement. Mr. R. S. Hudson, Secretary for Overseas Trade, said: "I disagree apropos the cause of Germany's economic difficulties. They are due to the development of her internal market under the stress of rearmament and the four-year plan. "I believe a settlement of international difficulties by peaceful negotiation is overwhelmingly supported throughout Britain. I •think we -are entitled to expect a friendly gesture in return." He added that an active export policy was vital in national interacts, but Britain did not desire to achieve this to the detriment of others.