At the annual dinner recently held in London by the German Chamber of Commerce, interesting references were made to' the trade relationship between Great Britain and Germany. One of the guest of the evening, Dr. Wichi of the German Foreign Ofee, made 2 speech evidently intended to meet the' grow~ Ing' criticism of what is mildly described as "unfair competition" on the part of Germany, and slated that Germany's trade policy had been forced on her by creditor states. In reply, one of the British guests, Mr, Hudson, Secretary of the Department of Overseas Trade, gave @ lucid summary of the position seen from the British point of view, Geclaring frankly that Germany's economic ills fare due "primarily to the intense development fof the internal market under stress of armaments demands." Quoting facts and, figures, Mr. Hudson showed that it is possible for each two competing countries to increase its export trade without detriment to the other, as was Indeed the case of Britain and Germany before the Great War, and declared that Great Britain intends to maintain her export trade at all costs. Informed opinion will agree that the fonly road to general trade prosperity lies in the direction of an easing of the European tension ud a restoration of international confidence. Alluding to Great Britain's peace efforts, and believing that the great masses of the people both here and in other countries support. such policy, Mr, Hudson suggested that Britain was now entitled to "'some gesture in return."
Text read from the printed page and cleaned; old type leaves the occasional error.