EMPIRE FREE TRADE
JAPANESE COMPETITION WOOL AND COTTON. BRITISH ACTION URGED. (United Press Association—By Electric Telegraph.—Copyright.) (Received 9 a.m.) LONDON, March 22. Lord Beaverbrook, in a speech in Manchester, said Britain ought to buy the wool which Japan bought, from Australia. He considered £10,000,000 was not too much to pay for Empire free trade. “We have a share in the Australian market for cotton goods amounting tr. £5,000,000,” said Lord Beaverbrook. “Our shave would be £5,000,000 if we bought wool going to Japan. “The New Zealand cotton market k worth £1,000,000 a year to Lancashire. That market may bo Japan’s tomorrow.” A British Official Wireless message states that the President of the Board of Trade, Mr. Walter Runeiman, attended a meeting of the Lancashire committee, of the cotton and rayon industries, and gave a full and frank survey of the position created by the breakdown in the discussions between Lancashire and Japan. The. committee decided that, the Minister’s remarks should be treated as confidential.
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Northern Advocate, 23 March 1934, Page 7
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164EMPIRE FREE TRADE Northern Advocate, 23 March 1934, Page 7
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