Suggestion of Credit Insurance on Exports to War-Ridden Countries London, Feb. 3.
In a speech at Southampton today, Mr. Samuel, the Parliamentary Secretary for the Overseas Trade Department, deprecated the alarm because imports exceeded exports fast year. He found that the ratio fof imports to exports was practic Jolly the same ay for the past 30 years, excluding the war period, but that the volume of exports was far from satisfactory, owing to the high price of coal, which could only be reduced by the miners increasing the output.
Mr. Samuel suggested the estubiment of a scheme of credit insur-to cover British exporters against the risk of war and political upheavals in countries with which they traded. The commercial out-Took was bright, he concluded.
Great Britain wax now reaping the benefit of funding her debt to, America and foreign investors were putting money into British concerns.
Text read from the printed page and cleaned; old type leaves the occasional error.