TRADE AND RUSSIA

Wairarapa Daily Times, 20 October 1932, Page 5

TRADE AND RUSSIA

BRITAIN'S AGREEMENT DENUNCIATION ANNOUNCED. Pratts AoE.uoia.Uon decline Ttucai'anli —CopyriKln RUGBY, Tuesday. When Parliament resassembied mis afternoon Lie Dominions Secretary, Air J. H. Thomas, announced tlie denunciation by tile Ln:lcd Kingdom Lievernnienc of tno temporary commercial agreement Willi iiussia, signed in non nun on loin -vpri:, i9uU. Air Tnomuls stated that the InAod Kingdom Government reeogiuseu me importance of. maintaining Lie effectiveness of the Ottawa prere-encm against State action by any lureign country which might stmtliy Lie intentions of tlie preferences. Tins principle was acknowledged m Artie.u m of tlie agreement wan Canada. i. necessitated the United Kingdom Go. eminent being in the positron to u...■criniinale by prohibition against tno importation of commodities from any such country.

’Phis stipulation had rendered necessary the decision regarding the temporary commercial agreement with the Soviet Government. A note addressed yesterday to the Soviet Charge d’Affaires gave' notice of denunciation at six months’ date in accordance with the terms of the agreement, and added that tlie Government in the United Kingdom remained anxious for a furtherance of trade with Soviet Russia, and was prepared to iLiscuss its promotion at tlie earliest moment. “A MAD ACT.” (Received Thursday, 8.35 a.m.; LONDO-N, Wednusuav. The “Para Guardian’s” Berlin correspondent says that the British denunciation of the Russian agreement appears to ‘be madness, and will strengthen the hand of Red terrorists against the Aloduratcs, who are seeking a rapprochement in tho outside world. . The French consider Britain’s decision will lead to a wave of anti-Soviet agitation, thus hampering Al. Harriot’s efforts to establish better Franco-Rus-sian relations and diverting Russian trade to Germany,—Times.