INTERNATIONAL TRADE

Northern Advocate, 28 October 1932, Page 5

INTERNATIONAL TRADE

BRITAIN'S BRIGHT (PROSPECTS.

(Received 30.30 a.m.) LONDON, October 27

“Britain’s international trade may double itself in 50 years,” said Dr. IT. Levinstein, M.Se., F.1.C., in an address at the Imperial College of Science. He quoted figures to show that if the world raised its trade to the British standard, the world’s commerce would be .multiplied sixpfold. If the trading capacity of the Asiatic equalled that of the Africans, . the world’s trade increase would be 30 per cent, Russia’s efforts to increase manufactures would ultimately benefit the world. i

There was no over-productiofi’'*6f' food, as the greater part of the population of the Avorld was underfed. The fall of commodity prices was originally due to the shortage of gold. Britain could easily pay her war debts to America by mining weaker ores than private enterprise was prepared to mine.