[?]OTTAWA BUSINESS

Rotorua Morning Post, Volume 2, Issue 303, 17 August 1932, Page 5

[?]OTTAWA BUSINESS

. Assn.-

possibility of failure being discussed in lobbies may be pessimistic

-By Telegraph — Copyrlght) .

»=• — OTTAWA, Tuesday. jjie official spokesman, referring to pegotiations between Britaixi and pominions genei*ally, said: "Untiiere is more definite progress 0,6 next two days there is a pros;,t 0f everything 'getting cluttered- * jf the plan for closing the con!r'ence on Thursday is adhered to." The spokesman said it was unlikely the actual conference results ijald be announced except in gen.j tevnis, which probably will not .cloSe the details of the tariff 'anges. Personally he considered the ]jest disclosure would be harraful !,auSe traders guessing the general jjofthe outcome of the. conference jve already made plans for buying selling, hoping profitably to forejj,ll the annonncement of the decis:JS. ,\lthough it is a "big order" to fspeet the conference to compiete jjj business by Thursday, the spokesman considered there was a LaO chance. In the event of minor ,err0tiations being outstanding some gritish Ministers would remain behitid. ft,e spokesman said there was a (rong opinion among the conference ilegates that the new trade agree.jat should have a long-term, a minijan of five years being indicated. Russian Dumping guggestions ^or limiting Russian rjping ara still being discussed. There is another possibilitjr bejji, widely discussed in the lobbies -namely, that the British-Dominion jejrotiations may be left in an unSnished stagie involving further fucussions in London after the tonference. In that event the conference will he regarded as a failcreinasmuch as the stage had been ?et for the fullest business talk aimjujr at eoncrete agreements and for adted e (Torts to remove depression ronditions. With five members of the British 'ahinet in attendance, therefore, the Jraunions are loth to accept the exse that the plans must be referred 3ihewhole British Cabinet. Canada's dissatisfaction at Britain's fer, and the acuteness of the meat aastion as far as Australia and New fealand are concerned, have given rise 3 this perhaps pessimistic view. lere is, however, time yet to resolve atstanding differences and always ;e possibility of extending the conirence b -yond Thursday.