TRADE AGREEMENT

Manawatu Standard, Volume LVIII, Issue 41, 17 January 1938, Page 8

TRADE AGREEMENT

LORD CAMROSE’S APPEAL. “POSSIBILITIES ARE SO GREAT.” LONDON, Dec. 31. Lord Camrose, the principal proprietor of the Daily Telegraph and of the Financial Times, m an ax tide specially written for the Join nal of the International Chamber of Commerce on World Trade, urges the conclusion of a liberal trade treaty between Britain and the United States. He appeals to statesmen, politicians and business men throughout the Empire, and also in tlie U.S.A., to eo°P“Sacrifices there must be in all. treaties,” he states, “for every treaty is a case of giving as well as taking, but, in this ense, I would plead with business men. even though their pockets apnear temporarily to be touched, to ponder on the big benefits to world prosperity and stability which might result and, therefore, to adopt a policy of restraint in their individual criticisms. ... “For Great Britain, participation in the free flow of international trade is a vital necessity of the future. It is a fnet that a trade agreement between Britain and the U.S.A. necessitates a modification of the Ottawa Agreements. Every modification required hitherto lias been agreed to in eneh of the several Dominions. Nevertheless, I believe that the difficulties will be overcome, because the ultimate possibilities are so great. “If the negotiations fail,” he adds, “then I feel that hope for any practical co-operation between the great nations will receive a death blow.”