BRITISH TRADE FAIR.

Taranaki Daily News, 27 February 1920, Page 5

BRITISH TRADE FAIR.

WAY TO COMMERCIAL PROSPERITY By Telegraph —Press Assn.—Copyright. i London, Feb. 25. I Sir Auckland Geddes (President of the Board of Trade), in a speech at the British Industries Fair, which yesterday was visited by the King and Queen, urged that the fair, since its inauguration in 1015, had entirely changed its character. It was no longer an opportunity for the buyer to fill up gaps, but presented an opportunity to buyers from all parts of the world to secure goods of any class they desired. The Government was contemplating a further development, namely, showrooms on the Continent- and elsewhere. Sir Auckland Geddes stressed the point that the only way to win back pre-war prosperity was by the development of the export trade. At present the Home market was almost too attractive, and profits were easily made, as buyers were clamoring for goods, but it was the overseas markets on which British trade must rely for the continuation of prosperity. He suggested the. advisability of business men setting aside a considerable part of their goods for sale overseas. Sir Auckland Geddes concluded by announcing that the Government was contributing .£100,00(1 to (lie guarantee fund of the British Empire Exhibition, which would be held in London from May to October, I!>2l.—Aus.-X.JC. Cable Assn.