TO FIGHT UNEMPLOYMENT.

Otago Daily Times, Issue 20964, 1 March 1930, Page 2

TO FIGHT UNEMPLOYMENT.

EFFECT OF EMPIRE FREETRADE,

(From Our Own Correspondent.)

LONDON, January 21. * ome . of the causes of Britain’s economic troubles were pointed out by Mr Francis Deverell, at the annual meeting of the Now Zealand and Australian Agents Association held in London vestor ilav.

He said that we were not getting as large a shave of the Empire's business and the husines of foreign countries as we ought to and could obtain, and the United Kingdom and the Dominions purchased from foreign countries a vast quantify of food and manufactured goods which could be produced within the Empire.

A permanent, far-reaching, and profitable business was waiffng at our doors. By establishing a system of reciprocity within the Empire a greatly increased trade could be obtained for our exports which, without injuring the industrial development of the dominions, would vastly improve and accelerate the development of their primary products. Answering those critics of the policy ■ J Empire Frootrade advocated hv Lord Beaverbrook who said there would be no desire on the part of the Dominions to lower their tariffs if by so doing thev injured secondary industries, Mr Deverell sairi:

•“ If we in the United Kin-Mom had flic power to impose tariffs wc"would ho in the position of being aide to imrelmse imm the Dominions much greater quantities of food products than we now obtain from them, and in exchange wc should olitain a (n-oatlv increased preference on manufactured good,: which the Dominions now- purchase from foreign countries. Wo would be keeping the business in the family, and without impairing the manufacturinrr interests of the Dominion.” ”

Hie po.iey or Lord Beaverbrook and herd Lofhennerc would help the worker, !<n- (lie Empire crusade was a doclaralion of Win- upon unemployment.