TRADERS IN CONFERENCE.
FINANCIAL CO-OPERATION.
Australian and N.Z. Cable Association. (Reed. 5.30 p.m.) NEW YORK, Oct. 20.
The New York Times states that at the opening of the International Trade Conference at Atlantic City the delegates were informed that the topics for discussion will be credits, finance, chemicals, coal, foodstuffs, metals, petroleum, textiles, shipping, and the establishment of a permanent international business men's organisation. Mr. Alfred Bedford, president of the Standard Oil Company, in a speech, said: "We are informed that because of high prices and the high rate of exchange prevailing inthe United States, it may be necessary for some countries to buy elsewhere, but the questions of credits and exchange are essentially bankers' questions. We wish you to consider them with our bankers, who earnestly desire to solve the present complicated situation. One of the methods whereby the financial cooperation of Europe and America can be realised in the future is for Americans to invest money in European enterprises." s
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19191022.2.70
Bibliographic details
New Zealand Herald, Volume LVI, Issue 17297, 22 October 1919, Page 9
Word Count
162TRADERS IN CONFERENCE. New Zealand Herald, Volume LVI, Issue 17297, 22 October 1919, Page 9
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in