BRIGHTER TRADE IN BRITAIN

Timaru Herald, Volume CXXXIX, Issue 20064, 22 March 1935, Page 9

BRIGHTER TRADE IN BRITAIN

IMPROVING OVERSEAS BUSINESS PLANS TO PROVIDE MORE EMPLOYMENT British Official Wireless (Received March 21, 5.5 p.m.) RUGBY, March 20. A detailed review of overseas trade in February shows that the increase in the value of exports in that month, compared with the corresponding month of the previous year, was rather greater than that recorded for January and December, and considerably above the average monthly increase in 1934, compared with 1933. Petrol Production. In view of the Government policy of assisting the production of petrol from coal, interest has been attached to the statement by Sir Philip Sassoon, Under-Secretary to the Air Ministry, in the House of Commons, that nine squadrons of the Royal Air Force are now flying entirely and with satisfactory results, on spirit derived by low temperature carbonisation of British coal. Sir Philip Sassoon also referred to the progress being made with British compression ignition engines, and drew attention to the fact that the world record altitude for an aeroplane fitted with a heavy oil engine was established by a British machine last May, with a height of 28,000 ft. Work in Distressed Areas. As part of the scheme for providing work for distressed districts, the Commissioner for special areas in England and Wales, made a conditionnl offer to the Tyne Improvement Commission, of one-third of the estimated cost of £750,000 for the construction of a deep water quay in the Tyne river between Jarrow and South Shields. The proposed quay would be 1400 ft long and would provide berths for ships up to 30,000 tons, the river bed being dredged to 35ft at low water, the latest type of machines to be installed for quick loading and the discharge of cargo. Prince’s Interest in Ex-Soldiers. The Prince of Wales inaugurated at Mansion House the British Legion employment week, the object of which is to induce employers to take on more unemployed ex-servicemen. Addressing a prominent gathering, which included the Archbishop of Canterbury, the Lord Mayor of London, the Labour Minister (Major Oliver Stanley), and Lord Jellicoe, the Prince said he appreciated all that employers had done already to absorb ex-service-men, but unfortunately there were still many thousands who are out of work. The Prince said he hoped these men would be given their share of the economic revival. Last year the British Legion filled 46,000 vacancies, and he hoped with the assistance of the municipal and local authorities, and private employers of labour, there would be a big increase in this number in the present jubilee year.