BUYER AND BANKER

Evening Post, Volume CV, Issue 57, 8 March 1923, Page 6

BUYER AND BANKER

When Sir Leopold Amery said that Britain had th& best men, the cheapest money, and the besj; markets for the Dominions, he was apparently taking a broad view of the Dominions' requirements. There can never be any doubt of Britain's ability to supply the men that we require, but there has sometimes been a question raised regarding 'money and •jnarkets. Queensland, for spepial reasons, went to America for money; and offers were made also to New Zealand. Canada at present, owing to exchange difficulties, finds it cheaper to do some of her financing in New York. Similarly with markets, there have been times when America has offered a better market than Britain for lamb, and the American competition for wool is still'welcome. But thjs willingness of other countries to buy some of our products sometimes, or to supply a portion of our money requirements occasionally, should not lead us to forget that our best buyer and best banker is Britain. The threefold nature of our business with Britain is a factor that must always be borne in mind. It does not preclude us from peeking other markets which'ma v cffer a profitable outjet for prpduce; but it should prevent us from neglecting or weakening the broadbased partnership which binds us to Britain.