BRITISH TRADE.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9392, 12 March 1909, Page 5

BRITISH TRADE.

'United Press Association.— By Elec- - ;rio Telegraph. —Copyright. London, March 10. Mr Ben Morgan, special commissioner of the Manufacturers Association of Britain, who recently visi-ted-Australia, read a paper before the Colonial' Institute on the Empire’s trade, it taking the shape of a resume of his official report. 0 said .it was the imperative duty of 1 the British Government to encourage the employment 'of British capital within,the Empire. Only by so doing could the Empire, be made self-sup-porting within a reasonable time. Mr H. Birohenough, Director of the British South Africa Company, who presided, expressed the hope that a steady wide policy for the defence of the Empire's trade would • be developed, because we were competing with people who were bending . their ,whole .energy in defence of ■ their trade. Mr Taverner, Victorian AgentGeneral, ridiculed Mr B. J. Wilson’s gross misstatements in the Investors Review, and the allegations that Victoria was stagnant and that the Colonies lived on borrowed money. He showed that Victoria’s liability to English investors had been reduced by seven millions in three years.