WORLD TRADE REVIVAL

Hawera Star, Volume XLVIII, 16 September 1924, Page 10

WORLD TRADE REVIVAL

MR. SIDNEY WEBB TAKES OPTL MISTIC VIEW. Mr Sidney Webb, president of the Board of Trade, discussing tt£ trade outlook at a luncheon of the Manchester Chamber of Commerce, says the Glasgow Daily News, said the recovery of the world was going on in a very promising way. All over'the world he could best describe the state of trade as one of quiet expectancy. . There were. signs here and there —quite distinct signs—of genuine revival; of bust ness and prosperity. He thought the., might take these signs as indicative <,7 a, gradual improvement, which, ho believed, at no distant date, was going to lead all over the world to real re covery of pre-war activity and pros perity. FUTURE OF THE SUDAN. He was sorry he could not say that the world had made itself independent of American cotton, or the possible failure or the American cotton crop, •.mt he was glad to .say that the Empire Cotton Growing Association, in which the Board of Trade naturally look the greatest interest, was going on very well. ‘‘May 1,” remarked the speaker, “sav •vith regard to the Sudan, from: which, from the cotton point of view, we have considerable ho£?s. the declarations of the present Government make it quite dear that what happens in the Sudan will be by no means a matte,r of indifference to the Government. You may feel confident that this' Government, like, I believe, any British Government, will take care that the progress made in th© Sudan will not be allowed to he jeopardised by auy change which may be demanded in anv quarter.”