BRITISH TRADE
THE LONG VIEW TIME NEEDED FOB PROGRESS. A SCIENTIST’S CONFIDENCE. (United Press Association—By CableCopyright.) (Received 28, 11.30 a.m.) London, May 27. Britain’s international trade may double itself in 50 years, Dr. H. Levinstein told the Imperial College of Science. He quoted figures showing that if the world raised its trade to the British standards the world’s commerce would be multiplied sixfold. If the trading capacity of the Asiatic equalled the Africans’ the world’s trade would increase 30 per cent. Russia’s efforts to increase her manufactures would ultimately benefit the world. There was, said Dr. Levinstein, no over-production of food, as the greater part of the population of the world was underfed. The fall in commodity prices was originally due to shortage of gold. Britain could easily pay the war debt to America by mining weaker ores than private enterprise was prepared to mine.
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Bibliographic details
Hawke's Bay Tribune, Volume XXII, Issue 269, 28 October 1932, Page 7
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145BRITISH TRADE Hawke's Bay Tribune, Volume XXII, Issue 269, 28 October 1932, Page 7
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