WORLD TRADE
V MEW ERA OF PROSPERITY MR NEVILLE CHAMBERLAIN'S HOPE Press Association —By Telegraph—Copyright LONDON, October 7. Mr Neville Chamberlain, at a bankers’ dinner, expressed the hope that a new era of world trade prosperity would follow tho removal of quotas and exchange control. Such development, he said, should be the next step to devaluation of gold bloc currencies. Sterling would remain free, but in the end we would eonio back to an international monetary standard on the only basis giving general confidence—namely, a system based on the free exchange of gold. He added that rearmament expenditure had not gone far enough to affect Britain’s trade revival, although it had upset tho Estimates; but even without this impetus the country’s trade continued to expand. International trade was also showing signs of revival, and progress was being helped by a growing realisation that economic nationalism could bo carried to extravagant and harmful lengths.
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Evening Star, Issue 22464, 8 October 1936, Page 9
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153WORLD TRADE Evening Star, Issue 22464, 8 October 1936, Page 9
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