Britain's increase in imports of 43 Per cent. since 1933 as evidence of a tare contribution to international trade and proof that Britain's economic policy was neither exclusive nor self-sufficient, An Anglo-American agreement on the most-favoured-nation basis, he declared, would be most effective.
In the interests of the whole world, Mr, Eden regretted that certain countries which considered themselves at a disadvantage felt unable to participate in the committee for the study of raw materials.
The problem of raw materials, he said, was not primarily a colonial matter, beeing that raw material produced in colonial territory aggregated only three per cent, of the world's supply, "Our policy," Mr, Eden declared, "has always been readiness to discuss proposals likely to be of mutual benefit."
Britain was prepared, he said, to enter into discussions with any foreign power for lowering tariffs in her colonial territories, subject to certain conditions, and for an extension of reciprocal advantages.
Text read from the printed page and cleaned; old type leaves the occasional error.