BRITISH CAPITAL.
FOREIGN DISCRIMINATION QUESTION IN COMMONS LONDON, March 14. In the House of Commons Colonel J. C. Wedgwood (Lab.), in the course of a question relating- to foreign discriminations, against British capital suggested that steps should be taken against discriminations which- were injurious to Anglo-American feeling such as that rpeer.tly perpetrated by superpatriot of German origin.” Sir Philip Cunliffe-Lister, President of the Board of Trade, said that legislative restrictions dither om the export or import of capital wore impracticable. Colonel Wedgwood: ” Aren’t you anxious to open up Britain for the investment of foreign capital?” Sir P. Cunliffe-Listor; “I think it most desirable to attract foreign capital to Britain. That is one of te results of safeguarding, but legislation with this object is und'esirable.” .Colonel Wedgwood: ”In the interests of international unity, do you approve of yesterday’s decision of the General Electric Company?” —(Australian Press Association—United Service.)
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Wairarapa Age, 16 March 1929, Page 7
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147BRITISH CAPITAL. Wairarapa Age, 16 March 1929, Page 7
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