International Trade.
To th* Editor. Dear Sir,— 44 Oudeis ” was rather severe on Mr J. Hamlet. There is this to be said for Mr Hamlet, he has learnt better, and he was not a member of Parliament. On the other hand, Mr Sullivan has been in Parliament for many years yet, in my opinion, he has not the slightest knowledge of the principles of international trade, and it is impossible to say what harm he has done through his lack of knowledge. The evils resulting from the opinions he expressed 44 that buying imported goods sends money out of the country ” are so apparent in Australia to-day that it is imperative that our members of Parliament be better informed. It also shows that there is great need for a change in Avon. The following is from Professor Todd, of Cambridge University:— 44 It is a fundamental economic principle that international trade is conducted on barter by means of bills of exchange.” And again he writes:44 No country can escape from economic principles any more than it can escape from the law of gravity.”—l am, etc., AVON ELECTOR
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS19310618.2.94.4
Bibliographic details
Star (Christchurch), Volume XLIV, Issue 143, 18 June 1931, Page 8
Word Count
187International Trade. Star (Christchurch), Volume XLIV, Issue 143, 18 June 1931, Page 8
Using This Item
Star Media Company Ltd is the copyright owner for the Star (Christchurch). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Star Media. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.