BRITISH TRADE.
NO GROUNDS FOR PESSIMISM
Per Press Association. WELLINGTON, Sept. 10. Mr L. A. Paish, 0.8. E., the British Trade Commissioner, succeeding Mr L. B. Beale, arrived to-day by the MaWhen interviewed he declared that there were no grounds for pessimism regarding the future of British trade, which would benefit by overcoming competition. The real difficulty was that the huge war debt formed a charge on the top of all manufactured goods, but in spite of that Britain was still almost the leading manufacturing and exporting nation in the world today with the possible exception of the United States, a larger country with a much larger population. So much New Zealand trade was alieady in British hands that an increase in the trade largely depended on increased Dominion prosperity. Important steps were being taken by the motor trade with the view to securing more of the Dominion’s trade. The depression at Home had led to the reconditioning of many factories which could not but help improve trade. The British manufacturer had been shown something to beat and he was beating it.
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Manawatu Standard, Volume XLIX, Issue 242, 11 September 1929, Page 2
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182BRITISH TRADE. Manawatu Standard, Volume XLIX, Issue 242, 11 September 1929, Page 2
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