Right Hon. W. L. MACKENZIE KING (Prime Minister):
Mr. Speaker, I wish to
table copies of proposals for expansion of world trade and employment which were communicated by' the United States government, together with the text of a financial agreement between the United Kingdom and the United States, as signed at Washington on December 6, 1945, and related documents. These are in printed forms.
In connection with the tabling of these documents there is a brief statement I should like to make.
Trade and Employment
These proposals have been prepared for consideration by an international conference on trade and employment, which the United States government suggests should be convened by the united nations organization for the summer of 1946.
The government of the United States has proposed that all countries should concert their efforts in the sphere of their international economic relations, with a view to expanding the volume of world trade and maintaining high and stable levels of national employment. The specific suggestions for achieving these ends, set forth in the document which is now being tabled for the consideration of members of parliament, deserve our most careful study, for no country has a greater interest than Canada in the realization of these objectives.
Members of the house will recall that in withdrawing, on November 12 last, such tariff changes as had been incorporated in the budget resolutions the Minister of Finance stated that "within the last few days we have been given substantial ground for believing that the prospects of early international action for the reduction of tariffs and other barriers to world trade are considerably improved." The documents I am tabling to-day indicate that in the four weeks that have intervened, material progress has been made and that what was then a mere hope or expectation has become, to quote from the joint statement by President Truman and Prime Minister Attlee, "agreement on the broad principles of commercial policy for which the two governments will seek international support."
Subtopic: PROPOSALS FOR CONSIDERATION BY INTERNATIONAL CONFERENCE IN 1946