TRADE INTERCHANGE

Northern Advocate, 10 November 1927, Page 5

TRADE INTERCHANGE

EIGHTEEN SIGNATORIES

RESTRICTIONS CONVENTION FIFTEEN SIGNATORIES. DOMINIONS DECIDEDLY AVERSE. (United Press Assn.— Copyright.) (Received 9 a.m.) GENEVA, November 8. . Fifteen signatories to the League of Nations export and import restrictions convention include Great Britain, France, Germany, Italy, Belgium, Austria, Denmark, and Czecho-Slovakia. Others, including Canada and New Zealand, asked time for governmental examination, but it is certain that Canada will not sign, while Australia definitely will not. The dominions’ aloofness is largely due to the fact that, though a clause was inserted permitting retrospective observance of the restrictions, there is no provision for the right to impose restrictions in future.

The signatories will review their positions at the conference, in June.— A. and N.Z.

(Received 12.30 p.m.) GENEVA November 9. Eighteen states signed the con vention.

Sir Sydney Chapman expressed the opinion that the conference was one of the most important of modern conventions and a turning point in world economic policy. Herr Colijn (Holland) emphasised that it was the first multilateral convention regulating commercial relations, It was a very helpful departure in international relations. - A. and N.Z.