INTERNATIONAL TRADE
MORE ECONOMIC DISTRIBUTION REMEDY FOR UNEMPLOYMENT By Cable.—Press Association.—Copyright Reed. 9.5 a.m. STOCKHOLM, Monday. Reviewing the work of the International Congress of Chambers of Commerce, which closed its sessions at Stockholm on Saturday, an American delegate, Mr. Owen Young, stated that the most significant pronouncement was the declaration that the object sought was the largest and most economical production and distribution of goods and services for all peoples.
International business places itself squarely on the foundation that its own interests are best served by improved economic conditions rather than by attempts to achieve. isolated temporary advantages.
Sir Alan Anderson dwelt on the widespread European unemployment. It was estimated that 20 millions were suffering (directly. These not only wanted to sell, but also to buy in the circle which had been broken. “If by a brave trade policy we can mend that circle, we shall see the greatest trade revival the world has ever known.”
Signor Alberto Pirelli was elected president.
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Sun (Auckland), Volume 1, Issue 88, 5 July 1927, Page 11
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162INTERNATIONAL TRADE Sun (Auckland), Volume 1, Issue 88, 5 July 1927, Page 11
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