TRADE TREATIES

Rotorua Morning Post, Volume 2, Issue 313, 29 August 1932, Page 5

TRADE TREATIES

(British Official "Wirel"iss>

outcome of ottawa FOREIGN COUNTRIES READY TO MAKE TERMS WITH BRITAIN pending agreements

Rec. Aug. 27, 5.0 p.m. Rugby, August 26. The frarrie work of economic relations within the Empire having been settled at Ottawa, it has become possible for the Government in Britain to proceed with efforts to promote Britain's world trade through negotiations with other Powers, for the mutual reduction of tariffs. The Times warmly welcomes the announcement that the Danish Government has made all the necessary plans to proceed with the discussions for a trade agreement and the Argentine Ambassador is now on his way back to London, bringing with him concrete proposals for an agreement mutually advantageous to Britain and Argentina. The Times adds: "There can be no doubt that most [ countries to whom the British market j is important will follow the example of Denmark and the Argentina, and show themselves eager to come to fair arrangements for the encouragement of mutual trade, now that w-e are no longer willing to buy freely from those who refuse to buy from us." The Times recalls efforts in which British. Ministers have exhausted themselves at a series of international conferences since the war in an attempt to reduce the tariff walls until it began to be realised that the great&st service Britain could render to the cause of freer trade was to end a common system of one sided imports.