OTTAWA RESULTS

Hokitika Guardian, 25 August 1932, Page 5

OTTAWA RESULTS

BID BY DENMABK

SWEEPING FREE TRADE POLICY

(United Press Association—By Electric v Telegraph—Copyright.)

MONTREAL, Aug. 23

It is reported that Denmark is, on September Ist, to institute a sweeping ( free trade policy as the result of the decisions taken at the Ottawa Conference.

The Danish Consul-General here has unofficially Learned that this change is being now considered. Cattle, coffee, lice, raw tobacco, fodder, pig iron, raw metals, seeds and fruits for oil are to be admitted to Denmark free of duty thus creating in that country the most important free market in Europe. • The Canadian business men are already after the trade there.. . .

This decision is interpreted as the break up of the trade relations that Were, established by the Oslo Convention, tinder which Denmark, Sweden, Ndrwfiy, the Netherlands, Belgium and Luxembourg were botind under a preferential customs duties agreement. Sweden previously had allowed the Swedish-German traa© pact, and the Swediah-Poliah pact to lapse.

N.Z, DELEGATES’ ACTIVITIES.

HON. D. STEWART GOING HOME,

WELLINGTON, Aug. 24

Advice has been received by Mr G. Forbes that Mr Coates left Ottawa or Monday evening and that lie will arrive at Vancouver on Friday, and will reach San on Sunday. He is connecting there with the liner Monowai } which is sailing for New Zealand on Wednesday.

Mr Downie Stewart is leaving Ottawa for New York to-day. Probably he will remain at New York for ten days, before proceeding to England.

Mr Forbes said that Mr Downie Stewart’s visit to New York had nothing to do with the suggestion of the Auckland Chamber of Commerce, that Mr Downie Stewart, while in America, should endeavour to negotiate a tariff treaty with the United States. Mr Forbes added it is not the Government’s intention to enter into. such negotiations.

He said Mr D. Stewart wished to consult the New York specialists .under whom he received treatment some years ago. „

Canadian Wheat pool deficit. .. . ' Winnipeg, .Aug. 23. - Mr Bennett to-day calkd a confererence of the Prairie premiers, to confer on the banks’ demands for further guarantees regarding 22 million dollars deficit for the 1920 crop, which amount was jointly guaranteed by the Domin* ion and Pmr.e provinces, t

N.Z. DAIRY BOARD’S VIEW. WELLINGTON, Aug. 24,

The Dairy Control Board to-day resolved to place on record deep appreciation of the results secured at the Ottawa Conference, and to express to the British Government a realisation of the fact tliat Britain had shown a"• most generous spirit in extending .preferences. The Board also resolved to express gratitude to the political and advisory i members of the New Zealand delegation for their efforts at the conference. NEWFOUNDLAND AND CANADA. OTTAWA, Aug. 2. Canada and Newfoundland , have reached a tentative understanding for a trade agreement. The pact is to be drafted immediately. It is expected that Canada will receive preferences the same as those granted by the United Kingdom at the Imperial Conference. Newfoundland will receive a preference on her primary products in the Canadian market.

CONFERENCE' IN AUSTRALIA

(Received t-li’s day at 9.30 a.m.) LONDON, Aug. 24

The “Daily Mail” considers that the Ottawa success ensures satisfactory Australian and Dominion borrowing. Australia has a great scope for conversion, and Britons, ready to assist in developing natural resources, realise that Australia’s over-borrowing mistakes, will ,not recur. New opportunities offer aound utilisation for capital, and investors are impressed by Australia’s rehabilitation efforts.