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The Guardian And Evening Star, with which is incorporated the west Coast Times. WEDNESDAY, MAY 25, 1932. WORLD PROBLEMS.

In a recently published book "Recovery," Jwr Arcmir te’.u.ler liornur.y a tiiieetor of tlio Economic and r inance section of tiie League of is a turns, surveja the chief nnancial, economic and political proulems witn .winch tlie worid is faced. His proana for inti tin ting a more liberal tendency in Europe, follow broadly tne lines of the report of the Conference of Economic Experts of August last. The following: are among tlie conditions . \vlnch lie Uyn down, There is a case for asking non-European countries to concur in special arrangements for tlie European nations. Even in limited Customs Union—still less one tor Europe ns a whole—cou.d not be achieved at one step, but tlie declared object of any plan should be to reduce and finally remove the barriers between the participating States. Between these States the most favourednation clause should apply, and the reductions should ann at making any ‘‘intermediate’ 4 ’ tariffs more level. (4roups must be open to the admission of otlier countries and not create new and exclusive groups. The*e must be no increase of protection against nonparticipating States, and otlier countries whose general tariffs are equal to the lowest in the group should be given the advantage of the lower rates without having to increase their tariffs against the rest of the world. “Such a plan, which clearly can only hope to succeed if tariffs are simplified and cleared of their present excessive complexities, would,”, remarks tlie “Economist,” “create a lower tariff regime between certain countries, and would tend to encourage its extension by offering inducements to other coun-trie-i to conform to its clearly defined Conditions. This problem, however, 'like all the others which he discusses, forcefully illustrates what may almost be described as the main thesis of Sir Arthur Salter’s book, namely, the striking contrast between the avowed opinion of tlie nations of the world a,s a whole, and the action of, its individual members. While all agree that barriers must be removed, everybn e adds a new tier to bis tariff wall, While all agree that, if t-ho world is to be saved from ft reversion to barbarism, civilised nations must disarm and live in pence, everyone polishes un his weapons of war. Even now, with the whole world in its toils, is it not possible for collective wisdom to prevail over individual folly P Lausanne wi’l give one more opportunity for the statesmen to answer this challenging, question. Because the world has .shown such unsuspected power of resistance to the effects of credit collapse, suspension of contractual obligations, diminution of production, and tlie slaughtering of trade, w e cannot assume that the strain can bo indefinitely prolonged without disaster. Nor i-3 it enough to prop up a corner here or repair a crack there when a whole building is in danger of collapse. It will be high time in June to take a general look round and see what must be done in every direction—and not in the limited field of reparations alone—to restore the shattered structure of the world.

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Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19320525.2.17

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 25 May 1932, Page 4

Word count
Tapeke kupu
526

The Guardian And Evening Star, with which is incorporated the west Coast Times. WEDNESDAY, MAY 25, 1932. WORLD PROBLEMS. Hokitika Guardian, 25 May 1932, Page 4

The Guardian And Evening Star, with which is incorporated the west Coast Times. WEDNESDAY, MAY 25, 1932. WORLD PROBLEMS. Hokitika Guardian, 25 May 1932, Page 4

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