TRADE WITHIN EMPIRE
STEPS TAKEN IN BRITAIN.
DUMPING OF FOREIGN GOODS.
A statement that England had gone a, long way towards furthering Empire trade preference, but that the Dominions had not reciprocated, was made by Mr. A. E. Manning at a meeting of the Hamilton Civic Luncheon Club. An Imperial Development Board was being formed, said Mr. Manning, with ramifications throughout the Empire, and it was h >ped that this , board would do much to improve trade within the EmInfluential Americans acknowledged that London was still the money centre of the world. America had the money, but Britain had the financial brains. Factors contributing to the depression in England were the dumping of foreign goods, the withdrawal of capital from British industries and its investment and loss in America, and the grouping and over-capitalisation of ■ big British businesses.
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Bibliographic details
Taranaki Daily News, 16 February 1931, Page 7
Word Count
138TRADE WITHIN EMPIRE Taranaki Daily News, 16 February 1931, Page 7
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