BRITAIN AND U.S.A.

Wanganui Chronicle, Volume 80, Issue 275, 19 November 1937, Page 7

BRITAIN AND U.S.A.

RECIPROCAL TRADE AGREEMENT MATTER COMING TO FRUITION MR. CORDELL HULL’S PROGRAMME (By Telegraph—Press Association -Copyright) Received Nov. 18, 11 p.m. NEW YORK, Nov. 17. Bertram Hulen, a member of the Washington staff of the New York Times, in an exclusive article, says that an announcement that Britain and America are contemplating the negotiation of a reciprocal trade agreement, is expected any moment following a conference at the State Department this afternoon between Sir Ronald Lindsay and the AssistantSecretary of State, Mr. Francis B. Sayer. It will climax Mr. Cordell Hull’s programme of liberalising international trade relations because he always recognised that Britain’s adherence is an essential factor for success. It is felt that, with a trade agreement supplying an impetus, opportunities for collaboration in other detailed economic fields will open .ip to Britain and America, while the political relations will be even more closely cemented. There is no indication at present of what the possible effect will be on the Dominions. It is reported that a broad agreement for the whole Empire may be contemplated, or, alternatively, it might be followed by short separate agreements covering Australia, New Zealand, South Africa end Canada. However, it is believed that developments in respect to the Dominions require more consideration, although Mr. Cordell Hull's programme has always contemplated agreements with all Governments.