Counter-Challen; ge Offered Compromise London, Dec. 2 BFERENCES to German trading methods made on Nevenby 30 by Mr, R, S, Hudson, Secretary for Overseas Trae, me, attracted much attention among commercial members of the Hawt lof Commons, states Reuler's Lobby Correspondent, Mr. Huds criticized Germany's state-aided method of trading, and declare, that the only method to combat this was lo organize British industries, Mr. Hudson declared that, by her trading methods Germany was destroying trade throughout the world.
It is believed, states Reuter's Correspondent, that behind My Hudson's statement was the most extensive investigation of German trading methods with all countries, and responsible quarters state that much evidence exists of a direct challenge to British tenders There is reason to believe, Reuter's Correspondent yoys on to state, that although Mr. Hudson's counter-challenge raised the hope that it might lead to som accommodation, if the present siti tion continued, definite steps would be taken with a view to its rectification.
It is known already, he states, that certain industries are preparing their own fighting funds to an extent which hitherto has never been envisaged, in the belief that they will be supported by an extension of the export credits system.
The sum required for an effective counter to the German challenge would run into millions in certain industries, it is estimated, Nevertholess, large sums could be secured by the' levy system.
Meanwhile, concludes Reuter's Lobby Correspondent, if there is a disposition on the German side to enter into trade talks, undoubtedly there would be a ready response on the British side.
Text read from the printed page and cleaned; old type leaves the occasional error.