The Southland Times. PUBLISHED EVERY MORNING. Luceo Non Uro. WEDNESDAY, JUNE 14, 1933. ECONOMIC CONFERENCE

Southland Times, Issue 22041, 14 June 1933, Page 6

The Southland Times. PUBLISHED EVERY MORNING. Luceo Non Uro. WEDNESDAY, JUNE 14, 1933. ECONOMIC CONFERENCE

The speeches at the opening of the Economic Conference emphasize the vital necessity to the world of an agreement which will be practical and comprehensive in its application. The King’s brief, dignified welcome to the delegates summed up in a few words the- paramount importance of co-operation amongst the peoples of the world. Naturally, his Majesty did not enter into any details, nor did he go beyond general terms within the limits he had set himself as a monarch welcoming the delegates of the world’s nations. He placed before them not merely the desire of the British people, but the desire of the people of the whole world that there should be an ending of economic conflict and antagonism, and a beginning of legitimate trade rivalry, bound up with cooperative efforts to ensure that all people can live in economic harmony, realizing that the poverty of one must reflect upon the economic conditions of the other. Following his Majesty, the Prime Minister, Mr Ramsay MacDonald, spoke in more particular terms, and in an utterance which must have impressed the Conference by its sincerity and its quiet power, made clear the fact that, so far as the British Government is concerned, it realizes that the Economic Conference must produce something of a practical nature to avert a general collapse in which all the nations of the world will suffer. At the close of the war, it was generally admitted that economic antagonism was harmful, and that economic isolation was impossible. No nation can stand alone. It may regard itself as a self-contained unit capable of producing within its own frontiers all that it deems necessary for its well-being, but, resulting from improved communications, nations now mingle their trade, and thus enmesh their economic livelihood with each other. Therefore, while a nation may be able to exist in isolation, it must pay heavily for that privilege through the cutting down of its economic structure and a consequential ' load of suffering for those of its people who are thrown out of employment, and who must re-adjust their conditions of living to meet the reduced income of the country. The collapse in the United States has provided the most striking proof of the contention that no nation can live in isolation without suffering. The remarkable thing is that, with this doctrine well established at the close of the war, so many years have passed with a continuation of the trade antagonisms which existed before the war. As a matter of fact, during the postwar period, they have intensified chiefly as a result of panic, which has led nations to act as if by purely sectional operations they could protect themselves against the consequences of a world-wide depression. At long last, the demand for co-operation has been driven home, and in the World Economic Conference, the large nations will have an opportunity to cast antagonism aside, to set about a revision of the whole tariff problem, and to show that they are driven to jettison those trade barriers which have proved to be almost the undoing of the world. If the Conference is to produce something of a practical nature—and we think it will—sacrifices will be necessary. It is not too much to say that agreements between countries reached since the close of the war should be made subject to a review if they conflict with a general scheme of co-operation in finance and commerce to revive world trade. It may be stated simply that this country, for instance, has more to hope from a revival of trade in the world than it has from a sectional agreement. It is not likely that the Imperial Preference question will be raised. It is not anticipated that all tariffs will disappear, but undoubtedly there will be a strong effort made to bring tariffs down from prohibitory levels, and use

them for legitimate protection against competition from countries where there is depreciated currency and sweated labour. At the present, the Conference has moved a very little way, and there is no indication of the methods by which it intends to attack the tremendous problems confronting it, but that the principal Powers are anxious to evolve some scheme of co-opera-tion is fortunately beyond any doubt, and where the great Powers lead, the smaller nations will follow. The success or failure, therefore, of the Economic Conference must rest upon the shoulders of the larger countries, and it is to be hoped that the close co-operation of the United States and the British Empire will ensure that the Conference produces something that will save the world from the chaos that must otherwise supervene.

The Dominion Meteorologist last night issued the following information: There is little change cf pressure distribution except for the movement of a slight low pressure wave along the southern edge. An anti-cyclone is covering the Tasman and New Zealand. Winds light to moderate. South-east-erly north of New Plymouth and Napier. Elsewhere moderate, but freshening westerly, backing later to southerly. Seas in New Zealand waters, still some swell between Kaikoura and East Cape. Rough in Foveaux Strait. Elsewhere smooth to moderate. In the Eastern Tasman light variable winds in the northern portion. Moderate to strong west to south-west in the southern. Seas smooth to moderate. Weather for the most part fair to fine. Still some showers in the far north, north-east and southernmost districts. Cold night temperatures and early morning fogs.

At a sitting of the Gore Magistrate’s Court yesterday before Mr H. J. Dixon, S.M., judgment by default was given in the following undefended civil claim: McKinlay and Murray v. George Francis Inder (Invercargill) for £6O 14/3, costs £4 11/6.

Although Sydney reports state that the broadcast of the King's speech in the early hours of Tuesday was unfavourable to reception in Australia, several Invercargill radio enthusiasts state that they could clearly distinguish parts of his Majesty’s speech as well as that of Mr Ramsay MacDonald.

A remand for a fortnight was granted when Albert Lionel Bailey, a solicitor, was charged with fraudulently omitting to account for £l7 10/-,. thereby committing theft, states a Napier Press Association message. Bail was renewed, self in the sum of £5OO and two sureties of £250 each.

Though the rainfall in Invercargill has been well above normal this year, the soil on the eastern side of Kelvin road was so dry that before young macrocarpa trees were planted by the reserves department staff yesterday and on Monday water had to be poured by means of a hose into the excavations made for the trees.

A Whakatane Association message states that Awakeri School was totally destroyed by fire early yesterday morning. When discovered by the head master (Mr Osborne) the whole roof and ceilings were in flames, and these quickly spread. Within an hour the building was completely burned. It was recently enlarged, and comprised three classrooms and a teacher's room.

Twenty-eight Chinese arrived at Auckland by the Marama yesterday to man the steamer Waitomo which has been sold to the East. They were in charge of Captain B. Schreiber who will command the vessel. Her sailing date is indefinite. —Press Association message.

John Ralph Penny, aged 31, a taxidriver, of Auckland, appeared before the Court at Wanganui yesterday morning charged with the theft of £Bl3 in silver on June 4, the property of William Toomey, of Auckland. He was remanded for eight days.—Press Association message.

The thickest fog experienced for many years obscured Christchurch on Monday evening, and held up all traffic considerably, states a Press Association telegram. Some motor drivers became hopelessly confused _ and left their cars until conditions improved, and after the theatre the trams had to proceed at a snail’s pace through dense billowing clouds.

What must be a record for an educational authority in New Zealand exists at Gore on the Gore High School Board of Governors to which three members bearing the surname of Smith have been appointed. During the previous term Messrs E. C. Smith (chairman) and Hugh Smith were members, but this number was increased when Mr Henry Smith was elected to the board a month ago. The new member took his seat at the board’s meeting yesterday and was warmly welcomed to the “Smith Family.”

A meeting of the Awarua Licensing Committee was held at Bluff, there being present Messrs E. A. Nichol (chairman), J. A. Hamilton, A. McKenzie and F. Moore. The police report was to the effect that all licensees, with the exception of a lapse on the part of one applicant, had satisfactorily conducted their businesses. The Bench especially complimented the licensee of the Wallacetown Hotel (Mr Andrew Baird), on the excellent reports received from the police and Health the former with reference to the manner in which he had conducted the hotel and the latter in reference to the renovations carried out to the premises. The following licenses were renewed: Bay View Hotel, Bluff (Robert Kirkwood); Golden Age, Bluff (John D. Ballantyne); Club Hotel, Bluff (Patrick Ford); Eagle Hotel, Bluff (Robert Wadie); Wallacetown Hotel (Andrew Baird); Wallacetown Junction (Richard J. Harris); Winton Hotel (M. McKay); Commercial Hotel Winton (M. J. Forde); Railway Hotel, Winton (T. McGillivray); Browns (J. E. West); Oreti Rest (J. R. Todd); Bemnore (H. McLean). Wholesale licenses were also renewed to Messrs Mackerras and Hazlett; Thomson and Company, and Moffet and Company,, all of Bluff.

A public meeting will be held in Victoria Hall supper room at 7.45 p.m. to-rhorrow, Thursday', to consider the question of forming a working committee in Invercargill to further the interests of the Empire Service League. —Advt.

Consumers have not t :en slow to recognize the superior quality of DEWAR’S WHISKY. Increased sales prove this fact. —Advt.

Delicious Toffees and Candies always freshly made on the premises. See our bargains at Ayson’s two shops, 5 and 72 Dee street.—Advt.

Ladies’ All Wool Bloomers 3/6. Llama finish Hose only 1/6 Pair at Wicks’ Ltd, Drapers, Dee Street. —Advt.

DEAF AIDS. Large numbers of new aids just to hand. Consultation daily at GEO. H. BROWN, Chemist-Optician, Dee street.—Advt.

Drawing to a close. Yes the last week of Carter’s Fire Sale. £lOOO stock damaged by smoke only. Final clearance of all smoked goods at sensational prices. For Bigger Bargains in Men’s and Boys’ Wear, Blankets, etc. Shop at Carter’s Fire Sale this week. Last week of Sale.—Advt.

A Bargain Line of Maid’s Locknit Underskirts, in white and colours, only a few left at 3/6 at Miss Noble’s, The Baby Shop, Dee Street.—Advt. Think what this means to you. Rheumatoid Arthritis is curable. Hundreds of Canterbury sufferers with swollen, stiff and painful joints claim treatment as wonderful success. Full information free from J. Tavener, Arthritis Specialist, High street, Christchurch. 5 weeks’ treatment 17/6 posted.—Advt. IT’S SOMEBODY’S BIRTHDAY EVERY DAY! BUY YOUR GIFTS NOW DURING OUR SALE. HYNDMAN’S DEE STREET.—Advt. Now is the time to renew your table linen! At Thomson and Beattie’s manchester department, a large stock of genuine Irish Linen, acquired through the closing of a linen business by a Northern Warehouseman, is offered below Irish Mill prices. Secure your table linen now, at prices below those asked for cotton. —Advt. DEAF AIDS. Auralaids, Auralease, and Magnification tubes obtainable from GEO. H. BROWN, Chemist-Optician, 125 Dee street, consultation daily.— Advt. LOOK! YOU FOOTBALLERS and HOCKEY PLAYERS. Just what you require. STRONG ELASTIC KNEE and ANKLE SUPPORTS. Only 4/6 Each. at STEWARTS PHARMACY. Corner Dee and Don Streets.—Advt. DEAF AIDS. We have a number of very satisfied customers using our instruments. Consultation daily at GEO. H. BROWN, Chemist-Optician, 125 Dee street.—Advt. ARE YOU WISE? TO THE BARGAINS OFFERING AT OUR GREAT DIAMOND JUBILEE SALE. Business is increasing daily with the realisation of the GREAT REDUCTIONS in BOOKS and STATIONERY. -N.Z. BOOK DEPOT, 49-51 Esk Street, Invercargill.—Advt. Do you know that although your joints may be stiff, swollen, twisted, inflamed and painful, Tav,ener’s Arthritis Prescription will return the use of them and alleviate your sufferings, full information free from J. Tavener, Arthritis Specialist High street, Christchurch.—Advt. A SMALL LEAK WILL SINK A SHIP. And a slight influenza cold can quickly put you out of action. You cannot afford a spell in bed. Play safe. Pin your faith to Baxter’s Lung Preserver. “Baxter’s”—the rich warm, soothing compound is best for all coughs, influenza colds, sore throats, huskiness and chest troubles. It has valuable tonic properties too. Be prepared with “Baxter’s”. 4/6, 2/6 and 1/6 at all chemists and stores. —Advt. DEAF AIDS. Consultation daily at GEO. H. BROWN, Chemist-Optician, Dee street. Latest models of Reins Deaf-aids to hand.—Advt.