THE TRADE CORPORATION.

Colonist, Volume LVIII, Issue 14408, 19 May 1917, Page 5

THE TRADE CORPORATION.

STATEMENT BY SIR ALBERT i i STANLEY.

(Australian and N.Z. Cable Association)

(Received May 18, 6.40 p.m.) London, May 17. In the House of Commons Sir Albert Stanley emphasised the importance of the proposed Trade Corporation. The leading banks were practically unanimous in supporting the scheme. A fundamental change would be necessary in British business methods after the war. The Government, would support b;t would not control the Corporation, which would secure credits for traders which it was impossible to obtain formerly, and put Britishers on equal terms with foreigners. Several speakers described the .scheme as a dangerous and mischievous innovation.