TRADE AFTER THE WAR;

New Zealand Herald, Volume LII, Issue 15948, 19 June 1915, Page 6

TRADE AFTER THE WAR;

GERMANY OSTRACISED,

SEEKING NEW OUTLETS.

(BY TELEGRAPH.— CORRESPONDENT, J

Wellington', Friday. " Some change in the incidence of trade is certain to follow the rupture of the old commercial relations occasioned by the war, and new trade routes are already being pricked out on the map. - ' said Mr. H. Beauchamp at the meeting of shareholders of the Bank of New Zealand today. " Germany, for long years to come, will, I hope, be commercially ostracised. The trend of public feeling the world over seems to point in that direction. New outside markets will therefore have to to exploited, and fresh industries within the Empire itself established and developed. "Japan is already in the field, 3nd quite recently a distinguished deputation j visited the Dominion with a view to opening up fuller trado relations between the two countries. There is a possibility of an early inauguration of 'a direct steamer service with Japan. "Already the trade of Australia and New Zealand with the United States of America and Canada lias taken a. forward bound, largely encouraged by the opening up of the Panama Canal. Large shipments of wool and concentrates have been mada from New Zealand and Australia to Boston and other American ports. Well-

ington will bo a frequent port of call—for (coaling and other purposes—on this new j trade route. The trade with ; the United I States is bound to develop, and it is the j duty of our merchants to help in the development, at the same time taking car a i that tho pernicious American system of 1 combines and monopolies is not allowed to obtain a footing. Trade with Canada, too, . is destined to grow, and it is not unlikely : that closer political relations will be established with the sister Dominion after thg closo of tho war. " China and Russia are, commercially speaking, lands almost unknown to these islands, but' it is fairly certain that they will not long remain so; and when we come to reflect upon their immense populations and their boundless resources, ' tha trade possibilities opened up appear to be illimitable. •- " It is noteworthy that the wars of the early part of the nineteenth century laid the foundations of the peace upon which the phenomenal social and industrial developments of the later part of that ceitury were based, and now, in this twentieth century, history may repeat itself; , and when the knell of militarism "has boeit sounded, and the nations have turned their energies again to the arts of pearoj developments as yet'undreamt of may take place. The next hundred years may witness the attainment of stages of further progress in arts, sciences, industries, social conditions and international relationships which shall outstrip even the nineteenth century record,- and present contrasts with existing conditions more remarkable and important than those of any of the centuries of the past."