ENONOMIC RELATIONS.
BRITAIN AND DOMINIONS
TRADE AND FINANCIAL RELA-
TIONS.
NEW YORK, Aug. 13. At Williamstown, Professor Heaton, of Queen’s University, Canada, while discussing the economic relations between Britain and the Dominions, indicated that free trade between the various parts of the Empire was impossible, because the Empire could not be an economic unit. It was often more convenient for a Dominion to buy goods from a neighbouring country, as Canada from the United States, than from another far-distant part of the Empire. All the Dominions, although giving preference to British goods, were .committed to programmes of building up their own industries, and they had begun to erect tariff walls aimed primarily at British manufacturers. Britain no longer had her former great volume of capital available for investment overseas, so the Dominions were more and more borrowing from the United States or internally.—A. and N.Z. cable.
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Manawatu Standard, Volume XLVII, Issue 220, 15 August 1927, Page 7
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146ENONOMIC RELATIONS. Manawatu Standard, Volume XLVII, Issue 220, 15 August 1927, Page 7
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