FRITISH TRADE.

Hokitika Guardian, 30 July 1923, Page 2

FRITISH TRADE.

MB BALDWIN’S OFTI-OOK. AUSTRALIAN AND N.Z. CABLE ASSOCIATION. LONDON, July 20. The Clime Minister, Air Baldwin, addressing the Glasgow Conservative Club, said his Government were like a breakdown gang the harder they worked and the less they talked, the quicker their job would be done. A\ ben the gang came into power, the resources of tho future were mortgaged, almost to the hilt. At the present time, the markets of the world were dis-

organised. The first essentia! step to combat the disorganisation of foreign markets was to settle the reparations with Germany. In the long run, 1m believed Britain would have to look t i Bussi.t in provide increased seoi»c for her trade, which must lie found to absorb German exports, which would i;e represented by the reparations. Air Baldwin said he feared that, owing to the nature of the Lausuiue Treaty, it might not Ik* as easy had been hoped to reopen trade with Levant, and to recover what they had lost tor nine yea:s. The Turks had shown a singular inability to understand the British ideas of credit, and why the AVesteru nations pay such regard to financial obligations, but in their tradeis and. prestige would give them a lietter cnance than the other nations. Referring to the Imperial Conference, the Prime Minister said it should bo possible to devise a way in which within the Empire, homes and work would be found for their people. In the provision of both there were insuperable difficulties in their small island to-day.

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