OUR NEXT GREAT WAR

Dominion, Volume 9, Issue 2677, 25 January 1916, Page 5

OUR NEXT GREAT WAR

FIGHT FOR TRADE BRITAIN URGED TO BE READY 8l Frea> Association—Oopyrl«W London, January 23. Mr. George Pragnell, a leading promoter of the Empire trade movement, emphasises Germany's enormous preparations to secure the world's trade, and Btl'ongly condemns the British people for forgetting their patriotism for the [ sake of immediate Rains. He urges the Allies to seize internal slips to make Rood those sunk, and then to agree that I no vessel enemy built, owned, or manlied, shall enter British or Allied ports For a hundred years. He also urges that every duty should he equal for tho Allies, and double for the, enemy. NEW ERA' IN THJS IMPERIAL FIRM. ("Times" and Sydney "Sun" Services.} London, January 23. The "Times," in its .financial and trade review, says that there is" no more significant thine in connection with financing our adverse balance of trade than the Canadian Government's arrangement for credit from the Imperial Exchequer for part of the first internal Canadian loan. The example of Canada shows the self-governing Dominions' possibilities in finance if war conditions are prolonged. Perhaps it i 3 the beginning of a new era of Imperal financial arrangements. ENEMY'S MERCHANTS WEIL ORGANISED WORLD TO BE DELUGED WITH v EXPORTS. New York, January 23. Mr. Guttman, a director of the Dresden Bank at Berlin, in an article in the "New York World," states that Germany has a large quantity of goods ready for shipment and sale: abroad after the war, while the proceeds of sccuritics held in Germany, representing many milliards in hostile countries, will contribute to support the German rate, of exchange. ,

THE TONNAGE CRISIS STATE STIMULUS URGED Vancouver, January 23. It is considered reasonably certain that 'the present shortage of tonnage in the Pacific will not be'of long duration. It is believed the time is ripe for some form of official encouragement to shipowners. Powerful interests are contemplating the construction of a large fleet, and are only awaiting the opportune moment to make a demand for large bonuses, in view of the obvious fact that it will ho necessary to construct quickly a number of ships that will, necessarily he of obsolete types and useless after the war. It is officials denied that the Government contemplates giving bonuses to Canadian shipowners to the exclusion of American bottoms. Guarantees are'being asked for that "wind-jammers" of large capacity, preferably Tvitk auxiliary power, to be substantially built, immediately, shall receive the utmost preference when Canadian-owned. The preference will piobably take the form of remission of harbour dues. THE SUPPLY OF WQOD PULP STATEMENT BY THE SWEDISH' GOVERNMENT. Copenhagen, January. 23. The Swedish Ministry is calming the anxiety of the pulp manufacturers by promising as many export licenses as possible.