EMPIRE COMMERCE

Greymouth Evening Star, 30 June 1933, Page 7

EMPIRE COMMERCE

SHIPPING NEEDS. [BY CABLE —PRESS ASSN. —COPYRIGHT.] (Recd. June 30, 11 a.m.) LONDON, June 29. The “Daily Mail” in a leader referring to the shipping stagnation, declares that if the Conference is unable to restore economic marine conditions by mutual agreement, Britain must act independently. The Empire should consult as in 1923 to secure fair treatment for the British flag, limiting inter-imperial trade to British vessels and unsubsidised foreigners. Statements of the national viewpoints towards shipping subsidies disclose that Holland, Norway and Finland are strongly behind Britain in the advocacy of their abolition. COTTON INDUSTRY. RUGBY, June 28. A petition was • presented' in the House of Commons by the members of the Manchester Royal Exchange, representing all branches of the cotton industry, asking the Government to prevent the exploitation of the Empire’s markets by foreign nations, who not only excluded British goods by high tariffs and quotas, but made it impossible for producers in this' country to compete,’owing to the basis of wages paid, even though tho manufacturers here were equipped with the most up-to-date machinery and employed the most modern methods. WOOL PRICES LONDON, June 29. The “Daily Mail.” citing the increase in the price of wool, prophesies a further rise, and says that nothing can be gained by postponing orders. Retailers’ demands exceed last year’s by ten per cent. EMPIRE MARKETING BOARD. [times cables.] LONDON, June 29. “The Times” has a. leading article regretting that the Ottawa Conference resulted in tho likelihood of the disappearance of the Empire Marketing Board. It says it was invaluable as the promotion of Empire trade, especially for co-operation of traders in smoothing tho way tor Empire producers. “The Times’' expresses the opinion that the Dominions may find it difficult, to secure such co-operation by other means, and it urges the preservation of the Board’s organisation to assist the Home producer and the self-governing colonies, leaving the door open to the Dominions to cooperate on a reciprocal basis.