THE MEAT TRADE

Hokitika Guardian, 26 July 1932, Page 5

THE MEAT TRADE

OTTAWA RESULTS ruvi - .- ■•■ ' brtow , J * s ’ ... ; ARGENTINE EAG ER LY WATC HtNG : ' ■■■ ■ /-.'—' /A: , (United Press Association-t3ly,aElectrip' Telegraph—Copyright,), : NEW YORK, : July 25. The “New Yok Tinies’” ' ' Buenos Aires correspondent states: “The Argentine is watching: with real anxiety, the effect of Australia and South Africa at Ottawa to obtain customs and other concessions which would enable' them to- increase their shipment's to the British markets, a-s any such'increase would only be at the expense of Argentine., - ' The competition from Australia, $ not considered-to be serious, because Australia’s, .distance from London allows the shipment of only frozen beet while the:, British consumers prefer the chilled beefy. This' preference -of the people for chilled beef has' been the predominating factor in the constant improvement ill the Argentine cattle' supply for British trade. “ '•/' The inferior'quality of the South'A "ricaii cattle unfits them for chilling:' The local papers in Argentine' l publish daily long articles: predicting the ruin of the -Argentine business in! the event of the Ottawa Conferencegranting South Africa a preference : which. would, thus enable beef to .cornspete witlu Argentine’s, and thereby make it profitable for ..the breeders there to improve the quality of their animals to a' point where they would comnete with,-the Argentine in quality.” .. ,

')■ ASPECTS OF CONFERENCE. AMERICAN PRESS VIEW. ,;. ~,s , ■ ' • • Ottawa, July 24. The “New Yprjc Times’ ” says :—-Nobpdy with a spark of historical .in-, formation' can fail to he impressed r by certain I aspects 6f f the Imeprial Conference, It is a living demonstration of tlie -peculiar .. continuing' power pf; ’’the British Empire. .It preserved.., much of its' old/ prestige . and glampuF in holding toge|[ier. / peoples. -ajtji4., J .C}pyj- ; ernments rApreSqnting such,,.a ya,st.. portion of the earth’s/surface, ;r ; Perhaps -something of the bold, pqinr and glitter/ hvlierein Queen Victoria delighted, lias, departed from Imperial gatherings, but/ their true significance., •remains, as a standing ; tfihu% to t/the geniu^'bf the Brjtish race,,., It,, liow’ to .yield, cqlfipromise, a fid adjust, itself tp-, the. chafiging detoafidk . of.. mocraCy,:- ahd still inahage-s.. to hold. scattered Dominions in unforced, Jpy»h ty 'to ‘the mother of Ral'lifunonts,"///; -/■ The Empire retains amazing! .vitality 1 , and can .'truly / he/, said the more.,, the. British Empire'changes the more it remains the. same. 'The spokesman foe Britain sounded the same large; note as the representatives of Canada.' Australia, New Zea and, and South Africa. They are Imperialists but never isolationists. The fact that they wish to extend trade with each other, and cooperate as far as possible in forwarding every true Imperial interest, does. not keep them from lifting their eyes to behold the opportunity which invites them in their relations with nab;/ ions.

Because they are thoroughly, cot£ vinced the British Empire cannot live unto itself they turn thumbs down upon the grandiose Beaver brook scheme for free Trade with the Empire and prohibitory tariff against the rest of the world.

The “New York Herald-Tribune”' says: If tariff holds first place in the’ British economic thought, the “maldistribution of gold” undoubtedly Occupies second place. Sib.ce the fall qf sterling the temptation to regard tlie whole' crisis as mainly monetary , -has become very, strong in England, if - not in tiie whole Empire. - For the moment there was a visioit of a new Empire currency to circulate' throughout British countries, despite the fact that the old British system had its attraction. The scheme would tend to restore the pound sterling to the position of commanding influence, at the same time opening an opportunity for “reflation” for price levels, through monetary control. But the plan, it is now realised was visionary.