TRADE REVIVAL.

Press, Volume LXIX, Issue 20919, 28 July 1933, Page 11

TRADE REVIVAL.

ENCOURAGING SIGNS. BRITISH GOVERNMENT'S HOPES. (UHITED TRESS ASSOCUTIO.N'—Iir ELICIBIC TELEGIUfH—COPVEIQIIT.) (Received July 27, 3.15 p.m.) LONDON, July 27. In the House of Commons Mr Walter Runciman (President of the Board of Trade), after reiterating the views he expressed at the World Economic Conference concerning the expensiveness and comparative ineffectiveness of loans for public works to reduce unemployment, said that Great Britain's employment figures had increased by 500,000 since January. He believed that the present internal movement was going to continue, a view which was supported by the increase in postal turnover, by the continuous rise in the manufacture of chemicals (on which so many industries depended), and by the improvement in railway traffic, coastal trade, and shipping, which made them feel that they had turned the corner. The Government, during the recess, intended to pursue the same lines of policy which had secured these results, including the negotiation of tariff agreements, and attempts to secure the removal of European quotas and prohibitions.