EMPIRE ECONOMIES
RECIPROCAL TRADE DIFFICULTIES IN THE WAY Received Aug. 14, 10 p.m. (A. & N.Z.) NEW YORK, Aug. 13. At Williamstown, Professor. Heaton, of Queen’s University, Canada, discussing the economic relations between the various parts of the British Empire, said it was impossible for the Empire to be an economic unit. It was often more convenient for a Dominion to buy goods from a neighbouring country, as Canada did from the United States, than from another far-distant part of the Empire. All the Dominions, although giving preference to British goods, are committed to programmes of building up their own industries, and have begun to erect tariff walls aimed primarily at British manufacturers. Britain no longer has the former great volume of capital available for investment overseas, so the Dominions were more and more borrowing from the United States, or internally.
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Bibliographic details
Wanganui Chronicle, Volume LXXXIII, Issue 19919, 15 August 1927, Page 7
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140EMPIRE ECONOMIES Wanganui Chronicle, Volume LXXXIII, Issue 19919, 15 August 1927, Page 7
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