DAWN OF NEW ERA

King Country Chronicle, Volume XXVI, Issue 3446, 22 March 1932, Page 5

DAWN OF NEW ERA

BRITAIN'S NEW TARIFF. WINNER OF BANKERS' WAR. "There has been a great deal of excitement lately in political circles, and the passing of the new tariff Bill is recognised by most people here as the dawning of a new era for Great Britain and her dependencies," writes Mr. Albert Russell, director of J. J. Niven and Company, Ltd., in a letter received in Wellington from London, dated February 11. "Business generally has bucked up a little, but as far as I can see at the present time 1932 will be quite a hard year for the Mother Country. Her national finances appear to be in better order, and a bank manager here told me that he considered Great Britain had definitely won the world's bankers' war. "Unfortunately each country in the world seems to be seeking prosperity individually, but the recognition must come sooner or later that no one nation or country can stand alone. I have taken a great deal of interest in the unification of the British nation, and believe that steps are now being taken quietly to bring this about by a conference of the heads of the British Dominions, and when that occurs and a general policy of trading and finance is agreed to a very definite step in the right direction will have been taken."