IMPERIAL ECONOMICS.

New Zealand Herald, Volume LX, Issue 18551, 8 November 1923, Page 9

IMPERIAL ECONOMICS.

A! PERMANENT •COUNCIL,

MR BRUCE'S PLAN ADOPTED.

ONLY CANADA : DISSENTS.

By Telecranh-Press Association—Copyright.

(Received 0.5 p.m.) A. and N.Z. LONDON. Nor. 6. The Economic Conference got through a good deal of work to-day, in regard to committee reports. The conference passed a resolution moved by Mr. S. M. Bruce, Prime Minister of Australia, for the establishment of an Economic Committee analogous to the Imperial Shipping Committee, the Canadian delegate bcinj; the only dissentient on the ground of the danger of Duplication of maohinery. Mr. Bruce emphasised that it would be no part of the duties of the proposed committee to interfere with Dominion tariffs, which Canada seemed to apprehend might be the case. He pointed out that there were many questions on which the Dominions might desire to secure an impartial view. For instance, the question of dumping goods which passed through England from foreign countries with a view to securing preference overseas might arise and the committee might prove useful in determining the country of origin of such goods. There was also the matter of depreciated exchanges, on which the committee's advice could be sought. j

WINDING UP CONFERENCES. PRACTICAL ACHIEVEMENTS. Special to P.A. LOUDON. Nov. 6. An earnest endeavour is being made to end the Imperial and Economic Confer: ences this week. % The situation is governed largely by the fact that the Imperial Parliament reassembles next week, and therefore the Ministers who have been taking part in the conferences will return to their normal duties. The Economic Conference will, it is thought, result in arrangements greatly to the commercial advantage of the overseas Dominions and the trade of the Empire in general. It is anticipated that when tho transactions of the Imperial Conference are published it will be found that there will be possible greater Imperial unity. Resolutions dealing with the allimportant subject of Imperial preference will be dealt with at the sitting of the Economic Conference this week.