BRIGHTER OUTLOOK

Hawera Star, Volume LIV, 18 January 1935, Page 7

BRIGHTER OUTLOOK

Britains Efforts for Confidence Between Nations

POLITICS AND BUSINESS NEED FOR PROTECTION (British Official Wireless.) _ ' Received 1 p.m. to-day. RUGBY, Jan. 17. In a speech at Newcastle the Prime Minister, referring to trying times through which Newcastle had passed, said there was some encouragement in the outlook to-day. They had not yet got their difficulties through, and would not do so until the international situation was clearer.

The*British” Government had laboured incessantly and quietly to spread abroad in Europe the seeds of mutual confidence between nations. Insofar as the present difficulties in that field were a-busiuess problem, it. would, not be satisfactorily solved until they overcame the difficulties of international exchange. It was a matter of currency and trade policy, and they had had to protect themselves in conditions which had been largely forced upon them. They had an unprotected market. He regretted most profoundly that in this sphere other nations had not taken the opportunity given them at the Economic Contercnce to make arrangements for their mutual benefit. It had to be recognised that production alone was of no value, and that -only when the producing forces were brought into effective contact with the consuming forces would trade begin to go round, and nations become flourishing. It was for bu-sinessnicn to help and not always wait for Government action. Only insofar as the country co-operated with the Government would their best efforts be successful. A hostile section hooted and jeered Mr. MacDonald. He denied rumours of an early election. , ' .7. ..