PROGRESS IN BRITAIN

Poverty Bay Herald, Volume LXI, Issue 18579, 13 December 1934, Page 13

PROGRESS IN BRITAIN

VALUE OF EMPIRE TRADE EXTENSION ADVOCATED (Received December 13, 3 p.m.) LONDON, Dec. 12. Sir ILnry .Pngo-Croft, at the Hriipire; Industries Association luncheon, expressed tlie opinion that the greatest weapon in the hands- of candidates at tiio next general election would be the wonderful success of the tariff, and also the Imperial trade policy and the vista of hopefulness it opened, compared with 1928 While production in most foreign countries had fallen, including the United States by 26 per cent., we had not reached the end of the progress achieved since Ottawa. Ctir exports to the Empire were now, for the first time in history, greater than the exports to foreign countries. “The Liberals say that the Dominions got the b'est of the bargain,” he said. “If this is so, it isnjt a matter for complaint! The character of our trade to the Empire suits us better than foreign trade. The sooner we start making arrangements with the Dominions on the lines on which each of us is going to' develop, the better -it will he. A survey of Empire resources, with a view to complementary production on the most favdrapie lines should immediately be ‘undertaken.”

'Mr. L. S'. Apiary, who presided, said that Britain had risen from third -place iitn'ong {he world’s exporters in 1931, to first in 1934.