Mr. Runciman's cheering outlook on British trading conditions {s supported by a recent survey In "The Economist" which came to the conclusion that the beginning of a rise in the world price-level might not be "unconscionably far distant" and should have favourable. effects "on employment everywhere, Expor!s had been expanding for four years, although there had been a. slight check "ately and the revival wi mainly due to recovery in many British and foreign countries, The broad interpretation of the available @ata was that the outlook for inter national trade was more promising than for some time past. "A world inflation would affect Great Britain in many ways other than through an expansion of exports Domestic. recovery might be stimulated and that would be of definite value in repair ing the damage done to the depressed industries.
Text read from the printed page and cleaned; old type leaves the occasional error.