EMPIRE ECONOMICS.

New Zealand Herald, Volume LX, Issue 18553, 10 November 1923, Page 11

EMPIRE ECONOMICS.

TRADING BY THE STATE.

IMPRACTICABLE PROPOSALS.

DIFFICULTIES TOO GREAT.

Br Telegraph— Association— Copyright. A'. and N.Z. LONDON, Nov. 8. The Economic Conference unanimously carried a resolution reaffirming its sense of the importance of overseas settlement. It also carried a resolution reaffirming the principle that in all Government contracts preference should be given to goods produced in the Empire, and that as far as practicable the materials used in carrying out the contracts should be Empire products.

Another resolution urges the British Government to circulate up-to-date information of the progress of the Burney airship proposals, and to prepare a draft of procedure designed to secure more rapid and extensive interchange of information in ragard to civilian aeronautics, with a view to general adoption by Empire Governments. The conference considered the report of the Food and Raw Materials Committee, which decided that, firstly, subsidies, secondly, import licenses, and thirdly stabilisation of prices, were all impracticable, as the difficulties facing any Government interfering in trade were almost insurmountable.

CONFERENCES CONCLUDED.

FULL REPORTS PREPARING.

A. and N.Z. LONDON, Nov. 8. The Imperial Conference has finished its sittings and the Economic Conference concludes to-morrow. It is expected that full reports will bo issued on .Saturday.