THE TRADE WAR ON GERMANY

Dominion, Volume 9, Issue 2803, 22 June 1916, Page 5

THE TRADE WAR ON GERMANY

WHAT THE PARIS CONFERENCE HAS ACCOMPLISHED MR. HUGHES'S COMMENT Br Teloffranh-Press' Aasodation-Oojjyright (Rec. June 21, 8.5 p.m.) . London, June 20. Mr. iW. M. Hughes (Prime Minister of Australia), commenting on tho decisions of the Paris Conference, 6aid that the resolutions, were unanimously adopted. •They would cover the period of the war and .the subsequent transition period, and provide tho basis of a sound and practicable economic 'policy, the potential effects of which would be almost infinite. The resolutions -would indicate the way whereby the great rivers of commerce could be diverted' from German channels, provide facilities for developing the great resources of the . Allies, and also secure and control the raw materials to enable tho Allies to meet' Germany at least on equal terms iu the markets of the'world. "If the Allied Governments ratify these," said Mr. Hughes, "tho result will , materially affect or change the relations and economic arrangements of six hundred million of the world's inhabitants, who. must act immediately. This specially applies to Great Britain.' Our Allies look to Britain to lead tho way and breathe life into the dry bones of the agreement. Somo of the. Allies, before the war, were so completely enmeshed . in Germany's toils that they had lost all but the shadow of. their, nationality. ■ Even now they are obsessed by the Jear that peace will find them again in the ■ enemy's economic p'ip. The Allies must [ not look to Britain in /vain." ' •• PRESTOMONS (Roc. Juno 21, 9.25 p.m.) > ■ ' < London, June 21. The "Daily Telegraph" says: "British people welcome the Economic..Conference's 'broad principles, "entirely ■ devoid of mawkish sentimentality for'Ger. many.'" British people will' not be satisfied unless Mr. Asquith's pledges are given effect without loss of time." The "Daily Mail" says: "So far as words go the Conference's "proposals are perfeotly satisfactory. •; They /generally | embody Mr. Hughes s views," ' The "Morning Post" says: "If Britain ' declines to accept the Conference's,.suggestions she will frustrate the whole in: tention of the Conference." The "Daily Nows" counsels "neither delay nor haste. The wisest note in the resolutions is the provision for. the «n T ; couragement of teohnical and scientific ' research, ivhich has been the main "cause of Germany's success f rather,than the : tariff." The "News'- adds: "It was Free-trade which enabled ' England- to bear the strain of the -war." ' A REMODELLED E^LPIKE. (Rec. June 21, 10.30 p.m.) ' ■ . London, June 21. The "Daily Telegraph," in an article on "Our Economic Defence Against Germany," says: "The mobilisation of Britain's resources will involvo a complete • remodelling of the reciprocal ..relation? between the Motherland, and the coloa--1 ies on a politico-economic basis... Mr. Hughes has voiced the subject of what he has viewed as being nothing less than the resolutions, but it is a_ revolution in the British style, imposed by jiircuaiatances. "Once the British Empire la consolidated the problem ' of European copartnership will be simplified.'.