BRITISH TRADE.

Manawatu Standard, Volume XLIII, Issue 1715, 5 January 1920, Page 6

BRITISH TRADE.

THE AMERICAN EXCHANGE ~,, ■ i: ; v ..-v-'; i ; & ■■ \ . -V- v--; i- _ ■ ■- ■ ~. . ... jßy.; EHecirio Australian-New. Zealahd Gable 'ABSOOiation. 5 LONDON, Junv'2. ; \ ’ ,Ditei'.view.eil -inUjoiKloii, Sir Auckland. .Gccidesl ‘s’aid "- JCnti:l,isix' mac-■ tiir.ers' /were TibtrHlifitju'b'ed ■ : -|iy. ’.thc-posi-' tioii iiivthe TJnfted'/States an|:l\tlio i|,ngUsli exchange.;- He,says it devolves npoi,i tli'v United' States bolster •up-therex-(jliiuige. t-Ho■. intinintecl : that ' Britain « .i jitiire? policy -would be to' purchase raw ;Uuitocl ; Sthtcs,vAv'hil6''slio would sepiire, loodstuffsTrpmthe'.British.Dominions/,' :ASir Gebi‘{|c“\Paish,,' in New York, said-HhatUlie United, States inust- , extend to England'a Targe long-tune loap; because . England ~was buying in the: United Statesi extensively’, and-re-sol ling • pmptically nil. i^il)tcy:Ath'r6atehod; : Europe if- such,'.--a 1 ' loan is not<furnished.' Sir George states that he hbpps : ‘to i :.be. ahle' to improve;thc I exchange-pa to . between > the .Unitcp 'Statesiahd - t : ,; 1 C 01) Wf R Viib ETit 1 G >V? NTO'dTS^i : 'stride. ■ ■ ■

■V; : AN? OPTIMISTIC SURVEY. - Australian-New •Zealand Cable Association - aiei’civ.eil : ■ 9.55 aim. ,rv : . . LONDON.. Jan. 3. ..Wjhston Cityrchill.) s|)eakiu^ v ‘:.jat ' S Vmdcfljiijd ,’^gj^ytv. fU} pplibustigy.si.i r Y.o.y, .of. tilicti'co.iiuCry ,-i \y 1 t-h the] vrecovery, aikl ~wns. t(ln''ckl>vgetfcingiinto'.:itH'.stride. • -jiVtanu--laoturors ;av6rp expanding, ,-aiid Riders fofbdlonief:\iid, ! abroad, were steadily,••increasing. A The expenditure was 'fapiiL ly dccroivsing. ■