BRITISH-U.S. TRADE

Press, Volume LXXXIX, Issue 26987, 12 March 1953, Page 9

BRITISH-U.S. TRADE

Butler Seeks Equality (Rec. 11 p.m.) NEW YORK, March 10. No power on earth could stand against the partnership of the British Commonwealth and the United States joined in common , effort, the British Chancellor of the Exchequer (Mr R. A. Butler) told the Economic Club of New York tonight. Mr Butler said Americans should not think that they needed to surround their ever-flourishing economy with beetling cliffs and barbed wire to keep out trade on competitive terms. The dollar was so strong that it could afford, to its own advantage, not to overhang the world like a Colossus. “There will indeed be a rich future for all of us if you can show us footholds and paths by which we can climb to the plains of more level partnership,” he said. “With the Commonwealth, we bring to this partnership a comity of nations of great economic strength and political sighiflcance.” Mr Butler said United States and United Kingdom trading were inseparably linked. That was the real significance of trade, nof aid. The new American Administration must be given time to work out the best methods of working with the Commonwealth.

“All we ask is that we should be given the freest possible chance to earn our living on commercial competitive terms without impediments,” he said. “This would not only help us. but in the long run it would help you. “Our task together is to ensure the effective operation in peace time of one of the greatest alliances—political and military—of all time. We are united so that we may combat the constant and highly-organised threat to our way of life and to all the principles on which it has been built over many years.”