REMOVAL OF QUOTAS
MR CHAMBERLAIN'S HOPES NEW ERA OF PROSPERITY LONDON, Oct. 7. (Received Oct. 7, at 9 p.m.) Mr Neville Chamberlain, at a banker's dinner, expressed the hope that a new era of. world trade prosperity would follow the removal of quotas and exchange control Such development, he said, should be the next step to devaluation of gold bloc currencies. Sterling would remain free, but in the end we would come back to an international monetary standard on the only basis giving general confidence, namely, a system based on the free exchange of gold. He added that rearmament expenditure had not gone far enough to affect Britain's trade revival although it had upset the estimates, but even without this impetus the country's trade continued to expand. International trade was also showing signs of revival and progress was being helped by a growing realisation chat economic nationalism could be carried to extravagant and harmful lengths.
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Otago Daily Times, Issue 23006, 8 October 1936, Page 9
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155REMOVAL OF QUOTAS Otago Daily Times, Issue 23006, 8 October 1936, Page 9
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