TRADE CLASH

Hokitika Guardian, 27 July 1933, Page 6

TRADE CLASH

BRITAIN AND JAPAN

PLAN TO CHECK' COMPETITION

(British Official Wireless.)

RUGBY, July 25.

A statement was made regarding the possible convening of a conference, bet peon British and Japanese industrialists in regard to Japanese trade compensation by Doctor Bnrgin Under-Secretary of the Board of Trade/ in the House of Commons. He said that on 1 July 20 a reply was sent to a. recent. Japanese note on this subject.

|„ that nolo, the. Japanese Government indicated that the Japanese interests- concerned had. agreed subject to certain limitations, which had since formed the subject.of the informal discussion, to proposed meetings regarding , industries as far as they •related to cotton textiles. A proposal that wa.s under consideration was that there should be a, tripartite discussion in .India .shortly between representatives of the industries, concerned from ■Lancashire,.lndia and Japan, the conference covering the whole fieTd of all classes of the-textiles in which tlic.se Countries were interested.

■ 'those discussions would relate l-» jtlie Indian markets in.,which India was iinterc/Jed.. Thif proposal was. made jon>the •understandings that- the discusjsions. in India were to.be followed iin‘mediately by discussions in Britain m Iregard to other textile markets between. industrial representatives of ißritain and; Japan. The British Government sincerely-hoped that Japan would be able to accent this proposal and that a satisfactory- agreement he reached.