2 JANUARY 1926, Page 10

When people are angry they are apt to say things

Which they would willingly withdraw in more sober Moments. That is why much nonsense is being talked about the British "monopoly." All traders in all countries try to get the best prices they can, and nobody can prevent them from doing so. For several years Lancashire was almost paralysed by the price of raw cotton fixed by the American "monopoly." So- again, the price of our bread has soared upwards in response to the price of American wheat. Yet again, American Manufacturers charged almost what prices they pleased for the goods supplied to us when their country was still neutral in the War. We did not complain of any of those things nor did we complain when America asked us to repay the money which she bad lent us in order that we might pass it on to -others. The admittedly large profits which British rubber growers are now making are an incident in the ups and downs of international trade. In this instance the cards have been in- our favour,- but ranch more often within recent years they have been against us. •