Ottawa Still Keystone Of Commonwealth’s Economic System

Northern Advocate, 18 July 1939, Page 6

Ottawa Still Keystone Of Commonwealth’s Economic System

(Received 11.30 a.m.) LONDON, July 17. QIR THOMAS INSKIP, DOMINIONS’ SECRETARY, OPENING THE EMFIRE CHAMBER OF COMMERCE CONGRESS, ATTENDED BY 300 DELEGATES FROM ALL PARTS OF THE EMPIRE. SAID THAT THE OTTAWA PACT REMAINED THE KEYSTONE OF THE COMMONWEALTH’S ECONOMIC SYSTEM. It had undoubtedly stimulated the United Kingdom’s trade for which, even if it had not solved all and perhaps had created new problems, Britain was grateful for the agreement. Ottawa had enabled Britain to offset the contraction of foreign trade caused by economic nationalism, but this had been achieved without exploitation of any part of the Empire. The Earl of Dudley, in his presidential address, said that the world was still erroneously concentrating on the problem of how to increase production, whereas the 20lb century’s greatest pro blem was how to increase consumption. \

He criticised the backwardness of the Empire air services, and recalled the advocacy of night flying at the Wellington Congress in 1936, but the Air Minister was still pondering. Imperial Trane Expands. Lord Dudley presided at a luncheon in the Grocers’ Hall, where Mr. Malcolm MacDonald, Colonial Secretary, proposing the toast of the Empire’s commerce, referred to the present artificial devices for restricting markets, current political unrest and fear of war, with consequent paralysis of international trade. Nevertheless, he said, there had been an immense expansion of imperial trade which had partly counteracted other losses. This sprang from the Ottawa agreement, but a more fundamental cause was that the countries of the Empire did not regard each other with suspicion and preserved their markets for each other. Despite this year of “non-stop crisis’’ the Empire’s prosperity would further expand if confidence among the nations of Europe could bo restored. TENNIS

Quist Beats Ampon

NEW YORK, July 16. A. K. Quist (Australia) beat Ampon, 7—5, 6—4, 6 —3, in tl)e remaining singles match against the Philippine Islands in the Davis Cup contest. Ampon gave another remarkable exhibition of retrieving, but Quist was a little too powerful. The Australian had difficulty with his overhead shots, but his ground shots were working well and proved sufficient to beat the Filipino handily. Quist and Crawford intend to fly to Boston for the Longwood bowl tournament, and Hopman and Bromwich are leaving for Chicago on Tuesday to take part in exhibition matches.