HIT AT HIGH TARIFFS
BANK CHAIRMAN’S VIEWS restriction of trade British Official Wireless peed. noon. RUGBY, Friday. f. C. Goodenough, chairman of Barclay’s Bank, speaking to-day, said that there was evidence of an increase in the world’s purchasing power, upon which commercial prosperity largely depended. He regretted that the tariff barriers showed such slight signs of reduction. Such barriers continued to exercise a restrictive influence upon international trade, and to force up internal prices and the cost of living, whereas the increasing demands of civilisation tend to reduce the ability of each country to be self-supporting, and to increase therefore the importance of international trade. The removal of the tariff barriers of the world markets would constitute a great step toward a more general trade recovery than had yet taken place.
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Bibliographic details
Sun (Auckland), Volume II, Issue 388, 23 June 1928, Page 1
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131HIT AT HIGH TARIFFS Sun (Auckland), Volume II, Issue 388, 23 June 1928, Page 1
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