FUTURE TRADING

Northern Advocate, 3 May 1934, Page 5

FUTURE TRADING

BRITAIN AND DOMINIONS / —■■■ RESTRICTION INDICATIONS. / ■/" FOREIGN BOUNTY EFFECT. / ■ (United/ Press Association—By Electric / Telegraph.—Copyright.) / (Received 9 a.m.) / LONDON, May 2. The political writer of th.* “Daily Telegraph” says talk about an Empire conference in London this year has no foundation, but negotiations among High Commissioners are progressing. It is confidently expected that an understanding will be reached. ; . The “Daily Express” says negotiations are to : be opened almost immediately between the Dominions Office find the official representatives of the dominions in London concerning future Empire' trading, particularly '.n regard t6;;.dieat ijnports. ; . ! The Parliamentary representative of the “Evening Standard” says the British Government r will urge the dominions to accept some form of restriction to cover the period until the trade pacts with foreign countries expire. The Conservative Parliamentary Agricultural. Committee,, in., view of the uteconopiie trading in Danish and Dutch butter, which, it was contended, amounted in effect to a bounty on exports to Britain to the prejudice of the producers of the. British dominions, decided' today to invite the President of the Board of Trade to discuss the problem with the committee. ’ Also, the committee decided to appeal to the Government to aid the livestock industry in a similar manner to the-wheat farmers. Tt is proposed a subsidy on meat on a basis of 48/ per cwt, for cattle and 36/ for sheep. This would be raised by a levy of Id per pound on imported meat. The scheme would in no way operate against the Dominions and colonies.