AUSTRALIA'S TRADE

Evening Post, Volume CXIII, Issue 30, 5 February 1927, Page 9

AUSTRALIA'S TRADE

OOOK ON CEMENT OF EMPIRE

(Beceived sth February, 11 a.m.) # . LONDON, 4th February. The Liverpool branch of the Colonial Institute gave a luncheon to Sir Joseph Cook, Australian High CommissionerMr. Bobert Bankin, who presided paid a tribute to Australia's development, and declared that the Commonwealth's early recognition of wartime financial obligations to Britain in funding her debt of £92,000,000 proved the inherent strength and integrity of Australian finance. This was both a gesture of kindness and a proof of Australia's attractiveness as a field for investment.

Sir Joseph Cook, urging the development of trade, pointed out that Britain must not reproach Australia for her industrial development and production, in which she was only following hereditary manufacturing instincts. He hoped that the League of Nations' Economic Conference would assist in overcoming the tariff barriers erected in Europe since the war, which were cansing the present trade dislocation. He welcomed evidences of Australian trade in Liverpool docks, and hoped that commerce, which was the cement of Empire, would increase.