TRADE RECOVERY.

Manawatu Standard, Volume XLVI, Issue 24, 28 December 1925, Page 7

TRADE RECOVERY.

ENCOURAGING SIGNS.

FUTURE MOSUL DIFFICULTY

LONDON, Dec. 26. Mr J. L. Garvin, reviewing the passing year 1925, in tho Observer, says: “There are encouraging signs of a definite recovery of trade. The Government owes the firmness of its position more to tho weakness of tho Labour and Liberal opposition than to its own virtues and performances. The British Empire as a whole has shown progress everywhere. Preference has been established here as principle past reversal. Australia and New Zealand, like Britain a year previously, have voted for stability, and in the Commonwealth violent labour troubles have been overcome in a manner promising more settled conditions.” Mr Garvin recalls the fact that the position in India and Ireland has improved and states: “The greatest single achievement is the Locarno Pact, but there is one weak spot. Let none suppose that Mosul will be as easily managed in future as the Minister and a facile majority suppose. We are creating a little Ulster in that region by insisting on calling it part of Irak. The test will come in 1928, when our part was to have been regarded as complete. It looks as though one issue in the next general election has already been decided upon.”—A. and N.Z. cable.