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TRADE OUTLOOK

THE DECLINE IN PRICES

EFFECT OF RUSSIA'S COLLAPSE

TRADE COMMISSIONER'S REVIEW.

(DSITBD PR!SS 7.CSOCIATION.—COPYRIGHT.) ' (Keceived January 22; 11 a.m.) . , BRISBANE, This Day. Mr. M'Gregor, British Trade-Commis-sioner in Australia, has returned from a" visit to America, England, and the East. He found trade conditions everywhere much disturbed. Trade was harrassed by labour troubles; and the situation was serious. He had no doubt that all prices would decline; but no one coujd even guess the extent of the fall. The commercial collapse of Russia was' 'felt, all over tha world. * The only way out of the difficulty was to "resume trade between Britain and Russia on a straight-out. system of barter, because .Russia had no currency. England had socially undergone a streat change. The workers were- determined to have moreof the good things of life,' but did not dream, of a revolution with . actual violence.'

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19210122.2.32

Bibliographic details

Evening Post, Volume CI, Issue 19, 22 January 1921, Page 5

Word Count
145

TRADE OUTLOOK Evening Post, Volume CI, Issue 19, 22 January 1921, Page 5

TRADE OUTLOOK Evening Post, Volume CI, Issue 19, 22 January 1921, Page 5