SERIOUS BLOW TO POLAND

Hawera Star, Volume LIV, 5 January 1935, Page 5

SERIOUS BLOW TO POLAND

Angle=lrish Agreement Affects Coal Sales to Free State SUDDEN LOSS OF TRADE BRITISH INDUSTRY’S GAIN ( .United Press Association—By Electric Telegraph Copyright). LONDON, Jan. 3. The Daily Telegraph, referring to the t coal industry, points out that apart from the employment of 5000 additional miners the agreement will increase employment in the railways, docks, shipping and transport industries. The agreement will be a serious blow to Poland, which secured the sale of half a million tons of coal yearly to the Free State. Her exporters will be surprised at this sudden loss of trade. On the contrary, the Irish railways welcome the new agreement-as the locomotives suffered under the change to Continental coal. The Daily Telegraph’s Dublin correspondent says the agreement is warmly welcomed, particularly by farmers, who were badly hit by the Anglo-Irish economic Avar. News of the agreement was received Avitli the greatest satisfaction in Free State industrial and business circles, Avlicre the hope is expressed that it va _ ill be the prelude to a more comprehensive agreement coA'cring all matters outstanding bctAven the tAvo countries. The Irish Times praises Mr De Valera for recognising at last that the Free State’s economic interests are bound up Avitli Britain’s, and adds that there can now be no excuse for prolongation of the economic war. The Irish Independent says the agreement is a tardy admission by Mr De Valera that the market he thanked God had gone forever still exists and is of A-alue to the Free State. Welcoming the agreement the London Times alludes to the Australian decision to restrict meat exports and says the Cabinet’s decision respecting negotiations coA-ering the Avholc ground of trade relations between Empire countries should present no difficulty. “Regulation in some form or other seems now assured,” the paper adds. “Though increased supplies from the Free State will not be balanced by decreased supplies from other countries already covered by the agreements, or from other parts of the Empire, means may avcll be found to provide that the total sup- . plies coining to the British market arc not increased. Moreover, it is a legiti- , mate deduction that the subsidy may . be continued beyond the period for which it is already granted.” ( The Daily Telegraph’s political cor- , respondent says the trade agreement , does not affect the financial differences between the two countries. “Political , circles regard the limited business < agreement as encouraging,” he writes, j “I understand additional cattle coming < from Ireland Avill not be exempted from ] /the special duties. Similarly no provi- j sion is made to remit the Free State duty of 5s a ton on British coal. Discus- ( sion between the Governments regard- i ing these duties may take place in the i near future.” i