The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER. SATURDAY, SEPTEMBER 13, 1913. TRADE AND WAR.

Stratford Evening Post, Volume XXXVII, Issue 11, 13 September 1913, Page 4

The Stratford Evening Post WITH WHICH IS INCORPORATED THE EGMONT SETTLER. SATURDAY, SEPTEMBER 13, 1913. TRADE AND WAR.

Major Stewart Moray, writing recent-' iy on Britain’s export trade in time of war, gives reasons for supposing iliac in tho event of a great Euro-; ;n>an war involving the two groups' if Powers, Germany would lose about { £200,000,000 of her sea-borne exportj trade, which now amounts to, roughly, £300,000,000 a year, while her trade! o the value of about £100,000,000j would still be carried in neutral ships. She would also retain her land-borne export trade, amounting to about £100,090,000. Consequently she would lose about half her total export trade.! But Britain exports to Germany alone goods to tho value of about £1,000,000 per week, and all that trade would, of course, he lost in the outbreak of; war. Consequently, says Major Mur- 1 ray, the great British firms which arej chiefly concerned should lay their, plans in good time. “They should go carefully inti) tho question of the! exports to the Triple Alliance, which they will instantly lose, and of thej places where a compensating demand j for their goods will arise directly war breaks out, owing to the non-arrival! of the heretofore existing German supplies.” Which means that if Britain cannot sell goods to Germany,! Italy, and Austria because they will | In' enemies, she can sell other goods to the people who at present buy from Go-many. Italy and Austria, hut who will have to patronise England or els>j sjr> without their supplies as soon as ' war breaks out. Major Murray calls j ; attention to the'powerful instruments! for commerce destruction which Ger-j many possesses in her great Hamburg-G American and Xorddeutseher-Lloyd 1 : fleet of armed liners, He urges- thej i

greatest possible extension of the new Admiralty plan of arming British merchant vessels, and also the introduction of national indemnity to shipowners for losses.