DEEDS NOT WORDS

Evening Star, Issue 18339, 28 July 1923, Page 3

DEEDS NOT WORDS

MR BALDWIN'S MOTTO. TRADE PROSPECTS DISCUSSED. Press Association— -By Telegraph—Copyright. LONDON, JM7 26. The Prime Minister, in addressing the Glasgow Conservative Club, said that the members of the Government wero like a breakdown gang. The harder they worked and the loss they talked the quicker the job would bo done. When tho gang came into power the resources of the future wero mortgaged almost to tho hilt. At tho present time the markets of tho world were disorganised. The first essential step to combat tho disorganisation of the foreign markets was to settle the reparations question with Germany. In the long run ho believed wo would have to look to Russia to provide increased scope for the trade which must bo found to absorb certain exports which would be represented by the reparations. Mr Baldwin said ho feared that owing to the nature of tho Lausanne Treaty it might not bo as easy as he hoped to reopen trade with the Levant and recover what had been lost for nine years._ The Turks had shown a singular inability to understand our ideas of credit, and why Western nations paid such a regard to financial obligations, but if our traders and the Turks got together again our prestige would give us a better chance than that of other nations. Referring to tiie Imperial Conference, the Prime Minister said it would be possible to devise a way in which within the Empire homes and work might bo found, to the provision of both of which there wero almost insuperable difficulties in this small island to-day.—A. and N.Z. Cablet