RECIPROCAL TRADING
BRITISH EMPIRE’S NEED VIEW OF LONDON BANKERS DOMINIONS AND AMERICA By Telegraph—Press A«n.- Copyright. Rec. 7 p.m. London, July 4. A group of bankers and others, ovex* whom Sir Eric Harn bro presided, passed a resolution in favour of urgent measures for the promotion of Imperial trade, which needed to secure an extended market for- British products. “We believe,” the resolution states, “an immediate step for securing and extending the market for British goods lies in reciprocal trade agreements between the nations of the Empire, as a condition of which Britain must retain an open market fox* all Empire products, while being prepared to impose duties on all foreign imports.” The United States Department of Commerce, announcing a considerable increase of American foreign trade during the first quarter* of 1930, indicated a 30 per cent, decrease in exports to Australia, or 11,632,000 dollars. Severe import decreases were from Australia 50 pex* cent., chiefly wool, and New Zealand 40 pex* cent, compared with the similar period of 1929.
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Taranaki Daily News, 5 July 1930, Page 9
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169RECIPROCAL TRADING Taranaki Daily News, 5 July 1930, Page 9
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