ECONOMIC CONFERENCE
WHEAT, SUGAR AND SILVER. [BY CABLE —PRESS ASSN. —COPYRIGHT.] LONDON, July 15. At the Economic Conference, a wheat agreement is less hopeful than a sugar agreement. The count ries have agreed to a limitation on tlieii* exports of 50,000,000 bushels per year, which the “Big Four” (America, Ca.nadd, Australia and Argentina) consider an excessive amount. Experts are to re-examine the position. Thirty-five out of the 50 sugar countries have agreed to a plan ’of Governments’ control of sugar exports under license for five years as from January 1, 1934. The plan is to be submitted to the other countries. Japan is not willing to enter into the proposed sugar convention. Mr Pittman submitted a tentative silver agreement to Mr Stanley Bruce and to the Japanese delegates, who are communicating with their Governments.
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Greymouth Evening Star, 17 July 1933, Page 5
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134ECONOMIC CONFERENCE Greymouth Evening Star, 17 July 1933, Page 5
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