LAUSANNE LIGHTS LAMPS

Taranaki Daily News, 1 August 1932, Page 7

LAUSANNE LIGHTS LAMPS

SPIRIT OF CO-OPERATION

/INTERNATIONAL GOODWILL

WORLD TASK IS POSSIBLE

PRINCE OF WALES’ HOPES

'(British Official WirrieSs.) Rec. 5.5 p.m. Rugby, July 29. When the Prince of Wales visited in London the International Congress on Commercial Education, at which 35 nations were represented, the President, Mr. Charles Boissepain, of Holland, introduced him as “the first commercial ambasador of the world.” During his address ,the Prince said the hard lesson of adversity had taught them that the prosperity of all nations depended upon the prosperity of each. In these days of swift transport and communication and interlocked commerce and finance it was increasingly true that nations could not live to themselves alone.

“That this truth is penetrating the minds and the Government policies and actions of the nations in growing measure has recently been demonstrated most happily at Lausanne,” said the Prince. “This international conference may Well express its delight that at Lausanne the lamps of hope and confidence were lighted. The spirit of international co-operation and goodwill is burning more brightly than at any time within living memory. For this we may all be profoundly grateful. “The world-wide trade depression and economic disturbance have been largely caused by maladjustment of distribution. The potential output is far greater than ever before. If all employable labour were employed for a reasonable number of hours per week the world would, have at its disposal a volume of commodities and services that would enable the entire population to live on a higher level of comfort and wellbeing' than ever before contemplated In the rosiest dreams of the social reformer. The urgent task is to bring consumption and production into proper relationship. It is not simple, but it is a quite possible task.”