The Archive · 1930

Canadian Plan Discussed

London, Oct. 13.

The Imperial Conference to-day again discussed inter-Imperial rade, The specific proposals made by Mr, J. H. Scullin, the Premier of Sir Geoffrey Corbett (India); Mr. Minister for I Affairs of the Irish Free State, and particularly the propos made by the Canadian Prime Minister, the Hon. R. B. Bennett of an offer of 10 per cent. preference in the Canadian market in exchange for a like preference in the British and other Empire markets are now being considered by the Government Departments in Londot The Conference to-day considered supplementary suggestions for im proving inter-Imperial trad Mr. William Graham, President of the Board of Trade, who, in a speech at Edinburgh on the 11th emphasized that tariffs did not provide a remedy for the present situation, opened the proceedings with a general discourse on possible methods of organizing inter-Imperial trade on preferential lines through the media of bulk purchase and import boards, ete.. and there was a discussion on the particular application of the general methods suggested to each Dominion.

Tt is worthy of note that a pri nouncement was made that the Government of the United Kingdom accepted the principle that where tariffs exist in this country, preference shall be given to the Dominions.—Reuter.

London, Oct. 14

Until the departments report to. the Government, no statement will be made in reply to Mr. R. B. Bennett's proposal. Tne United Kingdom Government, however, have intimated to the Dominion pre-miners that they accept the principle and continuance of the principle that, where ish tariffs exist, preferences to the Dominions will be continued.

London, Oct. 15.

Speaking at a banquet at the Mansion House this evening, the Chancellor of the Exchequer, Br. Philip Snowden, admitted that the revival of trade was slow but depreciated pessimism concerning the economic situation. He declared Mr. Bennett, at to-day's meeting, cleared up 'a misunderstanding when he explained that his offer was to increase by 10 per cent. the existing preference granted to the United Kingdom by Canada and not to add a flat 10 per cent.

preferences.—Wireless that the Government could do little forthe salvation of industry, which ay in the hands of industry itself.

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

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