WORLD ECONOMICS.

Auckland Star, Volume LIX, Issue 225, 22 September 1928, Page 9

WORLD ECONOMICS.

Epochal Work By League Of Nations. EXTENSIVE APPROVAL. (Australian and N.Z. Press Association.) (Received 10.30 a.m.) * GENEVA, September 21. M. Loucheur, France, in submitting to the Assembly a report on the economic organisation's work, declared that there was evidence of a powerful current of public opinion calling for action by the League in the economic sphere. The Economic Conference in 1927 marked an epochs Replies from countries all over the world showed that everywhere it had roused the greatest interest. The organisation would continue to develop on the lines then laid down. The convention designed to enable the trader _ to arbitrate disputes in other countries had been signed by eleven States, a skeleton uniform tariff nomenclature applicable to all countries had been prepared, and he hoped it would be adopted throughout the world. He moved a series, of resolutions, the chief of which requested the Economic Committee to pursue its work with a view to framing economic doctrine and preparing collective agreements to facilitate its bringing about of a milder Customs regime in the movement of certain products of special importance or lending themselves particularly to this treatment.