UNBALANCED TRADE
AUSTRALIA AND AMERICA STATEMENT BY. MR.BRUCE. LOS ANGELES, May 20. Speaking at a luncheon as the guest of the Chamber of Commerce, Mr Bruce vigorously expounded Australia's policy el bartering trade for trade. Referring to the unbalanced trade between Australia and America, he said it was obviously impossible to continue the policies that followed the failure of the London Economic Conference. The only hope in future was for nations to arrange reciprocal trade treaties. I am going to Washington to meet the heads of the Administration, and I believe that it is possible to do something to improve our trade relations. For years you have been selling large quantities of goods to Australia and buying the smallest quantities from us. We could sell you many things you need, and we want to continue buying from you, but the trado cannot continue as one-sided as it is now."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19340522.2.69
Bibliographic details
Otago Daily Times, Issue 22268, 22 May 1934, Page 9
Word Count
149UNBALANCED TRADE Otago Daily Times, Issue 22268, 22 May 1934, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.