BRITISH TRADE

Waikato Times, Volume 100, Issue 16711, 29 January 1926, Page 5

BRITISH TRADE

APPEAL BY PREMIER. c —■———j - GROUNDS FOR SOBER CONFIDENCE £— r—< SHOULD STUDY AMERICAN WAYS. (Australian and N.Z. Cable Assn.* (received January 29, 9.35 a.m.) LONDON, January 28. Mr Stanley Baldwin, speaking at Sunderland on conditions of trade* said: "I think there are .' grounds for sober confidence and moderate optimism. The funding of debts and the stablisatlon of . currencies is helping trade. There is a great harvest in Canada, whose spending power is increased. The same holds good in Australia."

Mr Baldwin went on to appeal to those who hold its destinies of the coal Industry In their hands "not to play fast and loose." He commended the example of Lord Londonderry, and suggested that both sides to the coal dispute should place their cards on the table rather than have facts dragged but.

The premier urged employers and trade union leaders to visit America frequently and there study the methods that were enabling the workers to enjoy higher standards of life than elsewhere in the world. This wotifd be infinitely more profitable than studying the methods of Moscow.

NEW FACTORIES ERECTED.

(Received Jan. 29, 1.30 p.m.)

LONDON, Jan. 28.

Alluding at Sunderland to the portents of trade improvement, Mr Baldwin said since the imposition of silk duties 50 new silk companies had been registered in Britain. Many Continental firms had arranged to build factories in Britain, which, after America, is the largest producer of artificial silk In the world.