BRITAIN'S TRADE
SIGNS OF IMPROVEMENT. A PROMISING OUTLOOK. (Brl.leb Official wireless.) (United Frees Association.) (By Electric Telegraph—Copyright.) RUGBY, April 25. (Received April 20, at 7 p.m. Lord Herbert Scott, in the presidential address at the annual meeting of the London Chamber of Commerce, reviewed the trade outlook which, he said, in several respects showed signs of improvement. He emphasised the urgency of recovering the great export trades in textiles, iron, steel and coal if prosperity were to be regained. He regarded the formation of the Lancashire Cotton Corporation as the beginning of a new era of concerted effort. to rehabilitate Britain’s greatest export trade. Regarding trade generally he said that the stabilised currencies in Europe had reduced the wide margin between British and Continental quotations and enabled British goods to compete on more level terms. This development, coupled with the new spirit of co-operation in British industry, justified confidence in the future.
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Otago Daily Times, Issue 20702, 27 April 1929, Page 13
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152BRITAIN'S TRADE Otago Daily Times, Issue 20702, 27 April 1929, Page 13
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