MR. NASH’S HOPES
CUTS IN TARIFFS SHORTAGE OF DOLLARS AMERICA’S ALTERNATIVES GENEVA, April 23. The New Zealand Minister of Finance, Mr. W. Nash, said that the international trade organisation conferences were easily the most important that the United Nations had yet held. The establishment of an international trade organisation charter and successful tariff negotiations alone would ensure the industrialisation of India, China, and South America within the next 25 years. He hoped that successful tariff negotiations would be one way of overcoming the world shortage of dollars. The United States would be deciding at Geneva whether, in the event of the much-heralded domestic trade revival, to reduce imports further and cause a world slump or face the fact that other countries must repay American loans in the form of goods or not at all.
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Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22314, 26 April 1947, Page 5
Word Count
134MR. NASH’S HOPES Gisborne Herald, Volume LXXIV, Issue 22314, 26 April 1947, Page 5
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