EMPIRE PRODUCERS

Dominion, Volume 14, Issue 231, 24 June 1921, Page 8

EMPIRE PRODUCERS

e, ASSOCIATION MOVEMENT

LAUNCHED USE OF BRITISH CREDIT TO BOLSTER FOREIGN TRADE By Telegraph—Press Association —Copyright (Rec. June 23, 9 p.m.) London, June 22. An Umpire Producers’ Association movement has been launched by Mr. Hughes. The chairman was Mr. Benjamin H. Morgan. Mr. Hughes denounced the cosmopolitan section of Londoners, using British credit to bolster up foreign trade and finance. In the past five months they had raised more money for foreign enterprises than all the Dominions. Mr. Hughes recited the 1920 figures of the Dominions’ purchases from Britain, far exceeding Germany’s, .Japan’s, and America’s combined. He said ho was prepared to meet on their own ground the perfervid wartime patriots who were now strict economists. He would ask them, What is the matter with the security of trade of those who saved your trade? Tho Empire had assured lasting peace to a great portion of the globe. Thus its development and tho expansion of the Dominions’ populations to hundreds of millions would bring nearer a world-wide peace.—Aus.-N.Z. Cable Assn.