London, Dec. 22.
Will 1931 bring a brighter dawn for British trade? Many writers, economists and leaders of indust see a gleam of hope. On the other hond, Mr. W. Hichens, Chairman of the well-known shipbuilders, Messrs. Cammell Laird & Company, Limited, declares that as long as in most of the basic British industries costs and prices are higher than those of their foreign rivals, British foreign trade will continue to dwindle "until, like Australia, we suddenly awake to the fact that our exports are insufficient to pay for necessary imports.'
Mr. Andrew Nacsmith, General Secretary of the Amalgamated Weavers Association, says that the] cotton industry has definitely contracted and will never again find employment for the same number of operative Viscount D'Abernon, hes recent British Econoitic Argentina, diseribes the present economic crisis as "the most stupid; and the most gratuitous in history," with all essential cireumstances—
Text read from the printed page and cleaned; old type leaves the occasional error.