BRITISH TRADE.

Hokitika Guardian, 31 December 1925, Page 4

BRITISH TRADE.

OI’TIM ISTIf: NOTE. LONDON. December 17

" I have ii Jfoliii r. that we are nearin'! the end n[ Mu- post-war trade de11 ri-ss io u, 1 ' < 1 1-1 ■!: i i-i".l Sir Art lull: Dorman. sneaking at 1 1> annual meet iny i.-l' Dc-rmim. Loup: and Co.. Ltd. Hi- regretted that the steel trade's application lor safeguarding duties was likely to Ik- roioi-totl. ami (hat it would Lave to rntiliiiue its haitlc unaided. • W,- v. ill do it." hi* added. •• and ! lii-lii-vi* we will win through : hut trade may xull'or severely before tlmt struggle Sir Arilmr niyri-d il.ai an umlt-r----sl andin h.- rnai lu d with tla- (”'imti:ifilial slat-1 -maker-.. “!t would In- to llu-ir advantage as well ours.” he >aid. 'l'l.a Apri-itl-(!i- tit-i-ii 1 lor Virloria. Mill. li'aii-haii'ii.I i 'aii-haii'ii. who will join tin- Alaloja at Ala rsei I In- mi December 2~>. told a reporter that i.ritain was awakenint-i lla- tail that l-er ti’nimtaetiirers -.to lunger possessed tin* cheapest power in tin- world, wliereliv site olilaim-il her treitieiidoiis commercial advantage of last cent nry. and was realising that she mlist. reorganise her industrial life and mfroduet* elt-etrie power to (-oinpete with Altierira. This probably would absorb a '.plod deal of her future- t-ajji-t:-l. leaving less tor lending overseas, tty rcinming to the gold standard Britain had avoided tin* perils of inflation, and now apparently she was turning the (orner after a lon-; period of depression. On the other hand, (h-rmany was laeed by tli fiii-ii It ics in securing capital lor her industrial enterprises, because lenders were shy. remembering what had !ia[*penod to tin- mark.