The Archive · 1938

COMMODITY PRICES TG BECOME ADJUSTED SPECIAL To fum "N.CDN."

London, Jan.: 13

"I see no signs of a stump," đeclated Viscomt Home,. formerly Chancellor of the Exchequer as Sir Robert Home, addressing. industrielists at Birmingham to-day. He was. referring to the trade figures which showed that Britain enjoyed who greatest volume of internal and external trade last year since 1930.

Viscount Home pointed out that commodity prices had risen too high early in 1937, and the recent drop unduly disturbed the markets.. He believed, however, that they would soon recover, He considered that President Rodkevelt's announced intention to control commodity prices was a great dis-servite to world prosperity, which depended on good prices.

"I believe, however, that America will revert from that attitude," Viscount Home added, "and the world will return to the position it occupied in the middle of 1937."—Reuter.

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

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