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Hokitika Guardian, 7 January 1920, Page 2

j ?S r tb P commercial ivur now proceeding among til.; g.rpat nations, Britain promises to cop'ie }n tlie Iront. According to tlie “Daily there will bo a. great* trade boom in. jjrjia.i/i during the present year. Great Britain has a special factor in in's fdTOF—-that being the reputation for quality. With her oversea, dominions, she lias also, facilities for acquiring raw materials which other countries have, not. Further, she is able to go into the markets of the world and acquire the raw pro-

ducts of which she may be short. The only drawback for the moment is over-, sea shipping, but in this also Britain is making strides. Already her foruingo is greater than in pre-war times, and the fact that it is still insufficient shows how trade is expanding. The shortage for requirements will enable the great j *r,f.iipli l yards of the Kingdom, augmented as they were for war times, to keep up their output, and so the ' quicker mieet present requirements, i John Bull lias been regarded ns essen.- ! tially a shop-keeper, but in pre-war times he allowed some of his rivals to overtake him, if not to pass him. . The revolutions during- the past five years have opened the eyes of Britain commercially, n'tui the captains of Industry at Home must bo fully alive to what is now requirovd of them. Within the last year we read that two hundred and fifty million sterling of capital has been subscribed for the expansion of British industries, pud this means that the country is being well equipped for the race it lia s to run. While Britain

is thus preparing for the fray in regard to the manufacture of commodities for tradp purposes, it is being recognised that she will require to draw largo quantities of foodstuffs from the Dominions. In this respect New Zealand by fostering production will he able to find a ready, lucrative market for

her surplus products. This exchange of products 'for manufactured articles will supply a genuine volume of trade which will be of great benefit to both the Homeland and the Dominion. It will be a good thing to keep the trade within the Empire, and so assist materially to rebuild the shattered financial fortunes on sound economic lines.