BRITISH EXPORTS.

Auckland Star, Volume LX, Issue 228, 26 September 1929, Page 10

BRITISH EXPORTS.

INCREASING SINCE 1924. EUROPE LESS IMPORTANT. POST-WAR DEVELOPMENTS. (By Telegraph.—Press Association.) WELLINGTON, this day. Mr. L. A. Paish, the new British Trade Commissioner, told members of the Wellington Chamber of Commerce, whose guest he was at luncheon, that since the war there had been a very definite movement in what might be called the centre of gravity of the export trade of the "world. • Before the war possibly one-half of the world trade emanated from Europe. To-day about one-third was the figure. It was only to be expected, therefore, that there should be some diminution in Britain's volume from the pre-war state of affairs. Most people were now working from 1924 as the datum year, and in the last five years British exports had increased by 8 per cent. If they confined themselves to British manufactured goods the figure was over 10 per cent. Britain had actually 7 per cent more people employed than in 1024. After dealing with particular industries, Mr. Paish said he did not feel at all pessimistic about the prospects of tho Homeland. With the increasing wealth and development of the Empire there was every reason to expect an increase and development of interImperial trade.