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EXCHANCE OF PRODUCTS
MR. GRAHAM'S SCHEME
Is Mr. Snowden Weakening?
LONDON, October 19.
Behind the scenes of the Imperial
Conference, Mr. Graham Is fighting for
a scheme of Empire trade preference
which, he believes, will set Britain on
the road to prosperity. Mr. snowoen
has decided to sacrifice some of bis
tree trade principles.
The basis of Mr. Graham's scheme
is that Britain should enter into a
treaty to buy yearly a fixed quantity
of Australian meat and jtaiber^Canaj
dian wheat, New Zealandmutton. and
South African fruit, and that the
Dominions to return should buy Bnhan
coal steel, motor care, and textiles.
Linked up with this agreement there
will be the provision of credits to
finance this big exchange.
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