London, Dec. 1.
"Without an interchange of goods and services in. the world market, Sivilisation cannot live, declares. Tesolution unanimously' adopted. today at a conference of ship-owners ere representing all maritime nations of the world.
'The resolution deprecates the st-tempts which have' been made by many nations in recent. years to) exist as. self-contained units and says that for the shipping indus ry the restoration of international trade is a paramount necessity.
The resolution also emphasised that credited "countries must. prepared to receive. payment. both For debts and exports in goods and services." It urges the lowering trade barriers and also the abolition of subsidies and currency restriction, "Tt suggests that most. favoured-nation treatment - should only be to nations. who enter the world market. on the love terms.
The resolution concludes by, saying that failure to. respect these simple principles which govern the arid market has halved the volume of international trade. to various lgoverninens' and tothe The resolution will be forwarded
impending World Economic Confer
Text read from the printed page and cleaned; old type leaves the occasional error.