THE TRADE OF EUROPE

Feilding Star, Volume 6, Issue 1911, 23 May 1928, Page 5

THE TRADE OF EUROPE

BETTER THAN AMERICA’S REPORT FROM THE LEAGUE By Telegraph—Press Assn—Copyright ana rx.z,. Cable). (Times Cablet) \ Received May 23 9.35 a.m.) London, Ma v 22. Tim oon ova correspondent,, renewing Europe's economic recovers, says the Report uT the League’s Economic Committee points out- that Europe’s improvement iu production in 1027 was the best since the war. Whereas in the I'nited States of America trade was at a standstill, Europe's trade advanced more than A inerica.’s.

TAr: I EES A XI) HXCTI A XGES

Tiie comparative stability of the la rill's and exchanges u largely' responsible ior this. But it is not deemed sufficient that Europe, ten years alter the war. should at last ..{•covered Iter pre-war standard. The Committee expresses the opinion the influence of conferences has substantially checked the upward trend of tariffs winch was in full swing in May 1027.