TRADE POLICY WITH U.S.
■bbtralia urged to MAKE CHANGE
•ta ¥ #“•> SYDNEY, Oct. 22. gDW belief that Australia could beeoonomically self-supporting in needs by a readjustexternal economic and policy towards America is expensed by Sir Douglas Copland, ViceChsnceilor of the National University. He said mat the move would add Strength to British Commonwealth reMuons with the dollar area. Canada and Australia were the two major countries in the British Commonwealth with resources exploitable ■ terms of American currency. Canada was already self-supporting in dollars and was able to free her exJfcanges with the United States so that ke cjmoey Stood on its own feet. Australia cento follow this example, grant and expanding marsets & North America and borrowing patty tone flor the development of btMc jpodnetive resources. He said that his plan did not involve f>e.dkHnnmiint of the present Aus■aHag rapency standards.
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Press, Volume LXXXVII, Issue 26559, 23 October 1951, Page 7
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139TRADE POLICY WITH U.S. Press, Volume LXXXVII, Issue 26559, 23 October 1951, Page 7
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