'Minister on Steady Upward'
Trend of Exports London, June 12, Great Britain's share in the ex-ort trade of the world in 1927 waa:
11 per cent. of the' whole, being two per cent. less than in 191%, At the same time the share of Europe in the trade of the world'. had shrunk from 62 per cent, to. 52. per cent.
These facts were quoted by, the President of the Board of Trade, Sir Philip Cunliffe Lister, when' introducing the Board of Trade estimates in the House of Com-., mons to-day, said that there wi upward trend in exports to the various parts of the.
last year and an iner market for British goods in America, particularly in the dentine where exports for the' first three months of this year were 50 per cent, above those for the first three months of 1924. There was also x very great opportunity for sales of British goods in the United States, despite the high protective tariff of that country.
The President of the Board of Trade again urged combination selling, particularly where compet= ing firms are selling the same goods, like steel, He stated that we had attained 554 per cent. of the total new shipe building construction of the world: One of the new ships now being built in the United Kingdom would afford a large scale experiment in the use of fuel (coal) pulverized m.botrd the vessel for consumption The President of the Board of Trade stated that the outhut of motor vehicles last year, with tote! of 209,000, showed an increase of 77,000 over 1924, He suid that Great Britain Ted. the five foremost exporting coun tries in electrical machinery.
He informed the House that the world apparently. is consuming today about 6,000,000 more bales of cotton than before. the War, while the United. Kingdom is consuming. 1,000,000 bales less, The or) ing for their own consumption, Wo were however meeting with' very keen competition from Japan. Threats and disputes in the cotton industry recently had held up or ders, but now that the issue seems ed definitely out of the way we might hope for progress with ame algamations and trade, he conclude
Text read from the printed page and cleaned; old type leaves the occasional error.