MORE IMPORTANT
(Presc. Assn.
BRUCE RANKS ECONOMICS AHEAD GF WORLD DISARMAMENT
— Cy Telegraph — Copyrlght).
Rec. Oct. 7, 7.0 p.m. Gemeva, October G. Mr. S. M. Bruce, resident Australian Mini.sier in London, addressing' ihe Technical Committee of the League, ?aid that the solution of the economic problem was more importanb than tho sclution of disarmament. Many speakers blamed tarifr and tmrcney restiiet'oas as the causes of the prcsent erisis. A more essential cause was the low level of wholesale piices r.r.d tho burdens of debtor eountvies. If thc.se prohlems were solved. many of thcir actendant troubles would autoniatically disappear. Av. -tral'a had none of the handierps to wh'uh Euiope's rosition was | somewhat. loosoly attributed. She ! •"•titi ro burden of arms, no excess of i population, and no shortage of re- ! suurcC's. Yet Aus.i alia had bec-n the il.t l l-> raise hcr tarilfs, rcgulate her e' -'ovh: aml ilo everything possible. to d-m the ilood oi her imports. This was cone, not in pursuit of any fiscal poiiey, hui to enal.le ihe country to meei it.' cxicrnal obligations.
Permanent link to this item
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Bibliographic details
Rotorua Morning Post, Volume 2, Issue 348, 8 October 1932, Page 5
Word Count
177MORE IMPORTANT Rotorua Morning Post, Volume 2, Issue 348, 8 October 1932, Page 5
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