ON THE WRONG TRACK.

Taranaki Herald, Volume LV, Issue 14011, 16 September 1909, Page 2

ON THE WRONG TRACK.

BRITAIN PURCHASING MORE THAN SHE IS SELLING. SUGGESTED REMEDIES. DEBATE ON THE FISCAL ISSUE. By Electric Telegraph.— Copyright SYDNEY, Sept. 15.

A cable was received expressing the King's thanks to the congress for its address. An invitation waa received tor the delegates to visit New Zealand. Mr. Davies (London), in moving the preferential trade resolution, said this was the first occasion upon which the London Chamber had formally given it« official assent to such a resolution. Canada had offered to treat the Mother Country even more generously than she was doing at present, if she could offer a quid pro quo; but the trouble'was that as their fiscal system stood' at present they had nothing to offer. They had nothing to fight with, and before they could consider such a proposal as comes from Canada they mast alter the fiscal system.' If they looked at the results of the various elections, they could not disguise the fact that public opinion in England, no matter what might be said to the oontrary, was rising by leaps and bounds in favour of an alteration of the system. He quoted from a letter he had received from Mr. Joynson Hicks, M.P., in which the latter said: "The Government has a vast ma jority,.and it will be some/time before our party regains office; but when' «t does, I am convinced the first thing it should dd wouldl be to summon a round table conference < with a view to entering into a commercial partnership with the sister states beyond the seas." Mr. Davies continued that their great object should be to become like that glorious country the United States, selfsupporting. "We should seek/* hs said, "to obtain our goods from otjr own kith and km. It is for this reason that the London Chamber has come to the conclusion that protection and reciprocation is necessary between all the, peoples living under the British flag. Britain must protect the commerce of I the Empire for the people of the Empire."