BRITAIN’S TRADE.

Gisborne Times, Volume LIX, Issue 9575, 28 July 1923, Page 5

BRITAIN’S TRADE.

SPEECH BY THE PREMIER. ! EMPIRE MUST LOOK TO RUSSIA PRESTIGE MUST BE BE-ES7AB- , ' .LISEED IN TURKEY. j (Received Julv 27. P. 5 p.m.; LONDON. July 2,. Mr. Baldwin, addressing the Glasgow Conservative Club, said the Government were like a break-down gang the harder they worked and the less they talked pile quicker the job would be done. When tne “gang came into power the resources of the future wore mortgaged almost to t.ie hilt it ihe present time the markets of the world were disorganised. The first essential step to combat the disorganisation of the foreign markets was to settle reparations with Germany, in the long run he behoved we would have to look to Russia to provide increased scope for the trade which must lie found to absorb Germany s exports ay Inch would he represented by the reparations. Air. Baldwin feared that owing to the nature of the Lausanne ireai\ it. might not be as easy as he hoped to re'-open trade with the Levant and recover what had been 10.-t for nine years. The Turks had show n a singular inability to understand our ideas of credit and why the Western nations pay such regard to financial obligations, but it our traders and the Turks got together again our prestige would izivo us :i buttei chance than the other nations. Referring to the Imperial Conference the Prime Minister said it should be possible to devise a way in which Empire homes and work would he found to the provision of both of which there was almost insuperable. difficulties in this small island to-day.—A. and N.Z.C.A.