EMPIRE AND WORLD

Dominion, Volume 37, Issue 191, 11 May 1944, Page 6

EMPIRE AND WORLD

Organization Of Trade (Received Mav 11. 12.15 a.m.) NEW YORK, May 10. “The plain fact to have emerged from the Empire conference that raw materials from nearly all the Dominions will be canalized to Britain after the war,” says the “New York Times” London correspondent. “But the problem arises of how she will be able to pay for the Australian wool, New Zealand mutton, Canadian wheat, and South African diamonds and fruit, and what these Dominions, with their war-developed industries,' are going to take in exchange, “The Dominions acutely recall the years of depression, when their products could not be sold to Britain, where the markets were reduced by 2,000,000 unemployed. It seems that the idea of the Empire as a self-sufficient unit apart from the rest of the world has been abandoned. ’lt is recognized that even a strong group of nations like the British Commonwealth cannot exist economically independent of the rest of the world. As a result, the conference is turning its attention again to the organization of the world as a whole.”