Evening star., 1932-08-21
TRADE PACTS END
OTTAWA PARLEY
Months Conference Closed
With Agreements Subject
to Ratification.
Continued From First Page.)

may prove to be the turning point for
sad and troubled world"
Salient points in the imperial policy
here laid down included:
A definite stand against the pur-
chase of goods dumped in competition
with Empire products.
The earliest possible withdrawal of
duties to equalize exchange deprecia-
tion.
The abrogation of any most-favored-
nation treaties interfering with Empire
preferences.
Refusal of the commonwealth nations
to accept the principle that foreign
countries effecting regional trade pref
erences may deny equal privileges to
Empire countries with which they have
unconditional m t = favored nation
treaties.
Cooperation with the international
powers to restore an international
monetary standard.
Empire Standardization of industrial
and agricultural products to facilitate
the exchange of commodities among
commonwealth nations.
Continuation of the empire market
ing board to popularize commonwealth
products in commonwealth nations.
With that general resume of the ac-
complishments of the conference before
the final plenary session, the delegates
heard the following messages of con-
graduation from the King:
Your achievement has justified the
high expectation with which the con-
ference began and you have not only
concluded important practical agree
ments for the promotion of trade within
the empire, but also have adopted
principles to help its future develop
ment"
Premier Bennett in addressing the
closing session described the agreements
as constituting a definite advance to-
wards closer empire economic aSsocia-
tion," and said the delegates could lay
claim to an achievement greater than
that of which any other conference can
boast"
The fundamental difficulty hereto
fore preventing the consummation of
an agreement founded on the principle
fer which we have Stood has now been
removed. We have commonly Facknowl-
edged that empire association can be
based advantageously upon the prin-
ciple of reciprocal preferences. and by
our several agreements, have evidences
our belief that these preferences insure
the greatest benefits when they are
predcated upon a general empire
tariff plan.
"a Prosperous Beginning"
THE dominion government has
therefore succeeded through reciprocal
concessions in manifesting the prin-
ciple that protection as we see it In
this country can be used as an instru-
ment of national policy to secure an
equalization of benefits as between
natural and manufactured products.
This government does not pretend
that it has secured all the advantages
it desired, nor does any delegation.
Nor did it at any time venture to hope
that at this first Empire Tariff Confer
ence an agreement would be reached
so comprehensively in nature as to
provide a panacea for all our ills. To
do so would have been unreasonable.
I'VE are encouraged to proceed along
the course we have chosen, but This
propitious beginning must not blind
us to the fact that it is but beginning
and that if this scheme of closer
empire association is to endure and
bring to each one of us the benefits
we hope for, further action must be
taken at not too distant date"
Premier Bennett scarcely stopped
speaking Wnen the delegates DeeaH
scattering to the four corners of the
globe The Empress of Britain. sail
ing tomorrow from Quebec. will carry
most of the United Kingdom, Indian
and Southern Rhodesian delegations.
Stanley Bruce will sail on the
Empress of Britain but the remaining
Australian delegates will not leave un-
til early next week. j. G. Coates, New
Zealand delegate, will leave for San
Francisco early next week and w, D.
Stewart, his associate, will visit New
York and London before sailing for
home.
Most of the South African delegation
will depart for New York on Monday,
but some of the officials will visit Cali
fornia to inspect Government irriga-
ton works there. The Irish Free State
delegation will remain in Ottawa until
Monday or Tuesday.