EMPIRE DEVELOPMENT

Wanganui Chronicle, Volume LXXXI, Issue 18786, 21 May 1923, Page 11

EMPIRE DEVELOPMENT

A ROUND TABLE TALK. BOARD OF TRADE PRESIDENT BREAKS NEW GROUND Received May 18, 11.45 p m. LONDON, May 18. The Daily Telegraph’s Parliamentary correspondent says: It is th. intention of Sir Philip Lloyd Graeme, president of the Board of Trade, to invite representatives of business organisations, like the FedI eration o£ British industries, Asso- ■ ciated Chambers of Commerce, and I Central Chamber of Shipping, to 1 confer with him regarding Empire [development before the Imperia, i Economic Conference meets. Among i the matters likely to be considered are emigration, the possibility of ex- ' tending Empire preference, improvement of commercial intelligence, and [ the question of shipping services. Sir Philip Lloyd Graeme attaches im- [ portance to the possibility of ar- ; rangements between the Home Govi mcnt a*rd the dominions for the is'suing of joint credits to facilitate de[velopment schemes. If projects which otherwise would take four or five years to mature can thus be accelerated, it is felt that the whole Empire will benefit, and that Brinish manufacturers will have an op I portunity of securing contracts for materials at a time when trada i needs stimulating.

A BIG STEP FORWARD. The Daily Telegraph, commenting editorially, says Sir Philip LloydGraeme’s step is a noteworthy departure from the procedure of previous year, and is one likely to be welcomed in the dominions as well as here.” It would be no slight gain if we could approach these problems of industry and commerce in a non-party spirit. In determining to hold what amounts to a series of domestic conferences in advocate of the economic conference. Sir Philip Lloyd-Graeme has increased the prospect that the discussion will not be producive of a volume of shadowy resolutions, but that from them will issue proposals commending themselves to practical men in this country, as well as overseas.