The Archive · 1933

Britishers Well Satisfied

London, July 27.

In view of the abortive endeavours of the World Economic Conference to define a currency policy and to. initiate steps to valse price levels, and in the light of the linking of Empire countries' currencies with sterling, the chief delegates of Britain, Canada, Australia, New Zealand, South Africa and India me to-day after the conclusion of th World Economic Conference ice a declaration recording hei joint views, The loration was not_signed by the Irish Free State representative, who has referred the matter to. his Government.

The delegations are satisfied that the" Ottawa Agreements have already had beneficial effects on many branches of inter-Imperial trade and that this process is likely] the purchasing power concerned ile there has not yet been sufficient time to give full effect to the various agreements made, they are convinced that the! teneral principles agreed upon are! Sound.

"The declaration re-states the principles of the Ottawa Agreements} Concerning the raising of wholesale prices, and notes that an encourag-frig measure of success of this policy has been attained.

Text read from the printed page and cleaned; old type leaves the occasional error.

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