INTERNATIONAL TRADE
ONLY WAY TO WORLD PROSPERITY LONDON, Feb. 21. Speaking at the Mansion House banquet in connection with the British industries Fair, Mr. Oliver Stanley, President of the Board of Trade, declared that the Government woulu not stand idly by and see markets lost. There already were too many one-way streets in the international commercial traffic. No individual exporter could fight for markets against a whole nation. If other countries said they must export or die (a phrase used recently by Herr Hitler) how fatally true it was that not merely our riches and power but our existence depended on international trade. “We do not desire to monopolise markets but we must have a fair share of the export trade of the world,” said Mr. Stanley. “We believe that cut-throat competition is avoidable.” . .
It was the Government's belief that prosperity would return to the world only by an increase in international trade necessitating a lowering of barriers. He hoped the country would not long be compelled to devote so great a part of the energies of the metal and other industries to armaments
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Wanganui Chronicle, Volume 83, Issue 45, 23 February 1939, Page 3
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184INTERNATIONAL TRADE Wanganui Chronicle, Volume 83, Issue 45, 23 February 1939, Page 3
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