A CHALLENGE

Rotorua Morning Post, Volume 2, Issue 282, 23 July 1932, Page 5

A CHALLENGE

(Press. Assii-

CONFERENCE CANNOT FAIL.

— By Telegraph—Copyright).

OTTAWA, Friday. "Failure is unthinkable. If we cannot succeed when there are ixnited ties of kinship and coxximon interest, what hope is there for international action between xxations which are divided in sympathy and in many eases inheritors of centuries of prejudice. "Constitutional relationships," coixtinued Mr. Bi'uce, "are governed by the fundamental principle of constitutional freedom for each Imperial unit. In approaching the problem of econonxic relationship we will be governed hy a sixxiilar fundamental principle — economic freedom. Our objective is not limited hy what we can achieve in tlxe realm of interExxxpire trade-. I believe we can take action for the restoration of prices and world stability. To-day's position is that there are xxxillions of unemployed, and the living standards are declining. "It is a challenge to civilisation anrd the inducement of statesmanship. Everyone is looking for a lead from the conference. Let us try to give it. Let us take the first steps to restcre world trade, thus proving the way to a solution of probahly the greatest problem against which mankind has ever bafctied. "Let us build to the foundations laid at Lausanne. That conference promises to romove sonxe of the deepest causes which are destroying confider.ce. We all desire to eongratulate our British eolleagues on the success there attained. I desire to pay tribute to the services of Mr. Ranxsay MacDonald, also to record my appreciation of the work of Mr. Neville Chamberlain and Mr. Walter Runciman. I sincerely believe that the work done at Lausanne, followed by what we xxxust achieve here, will be the forerunner of an international conference which will give hope to the depressed and almost desperate world. "There is no reason why we cannot within our group of nations restore woxdd ti-ade, thus gaining the adherence of xnany other countries whose monetary policy is closely linjved with ours."