BRITISH MARKETS
THE DOMINIONS' SHARE MR BALDWIN'S UNDERTAKING .' J ~ (United Press Association.) (By lilectrie Telegraph—Copyright.) LONDON, May 23. • (Received May '23, at 9 p.m.) The Daily Herald's political correspondent says:— "Dominion representatives in London are taking the greatest interest in the onfliet between the city and Mr Elliot. Formal negotiations have already been opened to "stave off application of the quota stystem when the Ottawa agreements come up for revision in July. The Dominion representatives say they will rely on Mr Baldwin's undertaking given to Mr Coates at Ottawa that he will provide an increasing share of British markets for the dominions. . " With regard to the question of default a high Australian official said: ' Australia has never officially suggested that she won't pay interest on British loans, but the matter is simple arithmetic. We have to export £40,000,000 more goods thai) we import in order to meet interest on loans. If we cannot clear that margin ' the Australian did not complete the sentence."
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Bibliographic details
Otago Daily Times, Issue 22270, 24 May 1934, Page 9
Word Count
163BRITISH MARKETS Otago Daily Times, Issue 22270, 24 May 1934, Page 9
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