The Archive · 1935

HI-LATERAL ACCORDS TO REDUCE TRADE BARRIERS

Geneva, Sept, 24, British and French delegates to the meeting of the League of Nations Economic Commission to-day reached 'a compromise on the French plan to encourage de facto stabilization of "The compromise was achieved when 'M. Georges Bonnet, chief French delegate, withdrew his own, resolution in favour of a more elastic plan ofered by Dr. EL. Burgin of Great Britain, recommending hi-lateral agreements embodying a reduction of ivade barriers and making allowances for currency. fluctuations.

Dr. Burgin's resolution asserted that all_ governments are secking the eventual restoration of the interna tional gold standard, and pointed out that {his could be " accomplished Uhrough hi-lateral agreements subject to revision in. the event of a large Variation In exchange rates—United Press.

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

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