WORLD CONFERENCE

Inangahua Times, 30 August 1932, Page 3

WORLD CONFERENCE

HOPE FOR DISTRACTED AND DESPERATE WORLD SAYS MR BRUCE. (United Press Assn.—By Electric Telegraph.—Copyright.) NEW YORK, August 28. The forthcoming world economic conference at London presents ‘ ’real hope to a distracted and almost desperate world,” said Mr Stanley Bruce, in an address delivered on Sunday night.

He refused to contemplate the conference as a failure.

He said, what had been done at Ottawa, if applied to the wider sphere, should materially assist in restoration of world prosperity. ‘‘At Ottawa, we realised the necessity for protection by tariffs for efficient industry but were equally convinced that prohibitions and prohibiting tariffs must be abolished.

‘‘The fact that one group of nations was able to establish this principle should encourage the hope that an agreement may be reached in the International field.”

Mr Bruce sails on Wednesday to take up the duties of Residential Minister for Australia In London.