BRITISH TRADE REVIVAL

Taranaki Daily News, 17 January 1930, Page 9

BRITISH TRADE REVIVAL

GREAT EFFORT NEEDED EMPIRE POSSIBILITIES A HINT TO AUSTRALIA By Telegraph—Press Assn.—Copyright. Rec. 8.20 p.m. London, Jan. 16. The Financial Times, commenting on Dr. Hugh Dalton’s appointment to replace Mr. Henderson at Geneva says the present time may hardly be propitious for a great increase in trade, but a country with such unrivalled resources is not likely long to remain in comparative depression. The editorial stresses tlie fact that enterprising foreign countries can surmount tariff barriers to a substantial extent and endorses Dr. Dalton’s suggestion for the need of closer investigation and greater effort to increase British exports in Australian markets. Amusing reference to Mr. J. E. Fenton’s all-Australian clothes are made by Mr. T. 11. Bates, chairman of the Bradford blanch of the Federation of British Industries when speaking at the British Wool Federation dinner at Bradford. He said they would he pleased to sec and hear what Mr. Fenton, Australia’s Minister of Customs, had*'to say about a tariff which paralysed branches of the West Riding trade. He hoped he would come in Australian clothes, for they would be interested to see what they looked like. They would be glad, however, if the clothes were worn out at the end of his mission so that Mr. Fenton would be obliged before his return to Australia to stuff a portmanteau full of clothes bearing the hallmark of Saville Row, London’s fashionable tailoring quarter. EMPIRE AN ECONOMIC UNIT. NO IMPOST ON FOODSTUFFS. New York, Jan. 15. Arriving here to-day, Lord Rothermere intimated that he substantially, but not completely, endorses Lord Beaverbrook’s Empire trade policy, but is opposed to any move to impose duties on agricultural products. He does,not believe the Empire can be made an economic unit at one jump. This will come, if at all, by stages. At present he is concentrating on securing a high protective tariff in Great Britain on manufactured goods, with no suggestion of an impost on foodstuffs.