TRADE WITH GERMANY.

Manawatu Standard, Volume LIX, Issue 97, 24 March 1939, Page 7

TRADE WITH GERMANY.

BRITISH REPORT RECEIVED

“VALUABLE PIECE OF WORK.”

(British Official Wireless.) RUGBY, March 22. The President of the Board of Trade (Mr Oliver Stanley) to-day received the president and chairman of the delegation of the Federation of British Industries, which recently visited Germany, who presented a report of the results of the discussions with the Reichsgruppe Industrie at Dusseldorf. The report pointed out that the discussions had been preceded by a great deal of preparatory work undertaken with the full knowledge and approval of the Government.

The purpose of the discussions was to investigate whether anv plan could be found which might in the first place eliminate unhealthy competition between British and German, industries, and later, by the extension of such conversations to other countries, to increase world trade. JOINT DECLARATION.

Mr Stanley exjiressed the opinion that, though political developments in the last few days bad created a situation which, while it lasted, made further progress impossible, the delegation, in obtaining the agreement of the Reichsgruppe Industrie to a joint declaration of principles, had performed lor British industry a valuable piece of work which, but tor those developments, might have served as a . basis on which the individual industries ol the manufacturing countries of the world could have solved a great many of their difficulties.

It was agreed that only the future could, show whether, at a later date and in changed circumstances, the valuable preliminary work thus far accomplished might he developed by individual industries to the national advantage.