BRITAIN'S NEXT MOVE

New Zealand Herald, Volume LXIX, Issue 21273, 29 August 1932, Page 9

BRITAIN'S NEXT MOVE

TRADE WITII FOREIGNERS i I PENDING NEGOTIATIONS ARGENTINA AND DENMARK By Telegraph—Press A-ssocialion—Copyright British Wireless ItUGBY, Aug. 20 The conclusion of the Ottawa Conference marks the end of an important phase in the reorganisation of inter-Empire trade, but the task of putting into effect the Ottawa decisions must involvo the Governments of Britain and the Dominions in heavy work during the next few weeks. In the meanwhile, the framework of economic relations within the Empire having been settled, it has become possible for the British Government to proceed with its efforts to promote Britain's world trade through negotiations with other Powers for the mutual reduction of tariffs. The Times warmly welcomes the announcement that the Danish Government has made all the necessary plans to proceed with discussions for a trade agreement, and the Argentine Ambassador is now on his way back to London bringing with him concrete proposals for an agreement mutually advantageous to Britain and Argentina. " There can bo no doubt," the Times adds, " that most of the countries to whom the British market is important will follow the example of Denmark and Argentina, and show themselves eager to come to fair arrangements for the encouragement of mutual trade now that we are no longer willing to buy freely from those who refuse to buy from us." The Times recalls the efforts in which British Ministers have exhausted themselves at a series of international conferences since the war in an attempt to reduce the tariff walls until it began to be realised that the greatest service Britain could render to the cause of freer trade was to end the common system of one sided imports.