BRITISH TRADE.

Horowhenua Chronicle, 10 September 1929, Page 5

BRITISH TRADE.

AN OPTIMISTIC NOTE. (By Telegraph —Press Association.) WELLINGTON, This Day. Mr L. A. Paish, 0.8. E., British Trade Commissioner, who is succeeding Mr L. B. Bedle, arrived to-day by the Mahcno. Interviewed, Mr Paish declared that there were, no grounds for pessimism regarding the future of British trade which would benefit by overcoming competition. The real difficulty was that the huge war debt formed a charge on top of all manufactured goods, but in spite of that Britain was still almost ,thc leading manufacturing exporting nation in the world to-day, with the possible exception of the United States, a larger countiy with a much larger popultion. So much New Zealand trade was already in British hands that an increase in trade largely depended °» increased Dominion prosperity. Important steps were being taken in the motor trade with a view to securing more of the Dominion's trade. The depression at home had led to the reconditioning of many factories which could not but help improving the trade. British .manufacturers had been shown something to beat and was beating it.