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Show EXCHANGE BATE PEBST1E Australian Visitor Says Imports Im-ports From U. S. Are Curtailed. Trade between the United States and other nations, especially Australia, is greatly hampered by the high rate of exchange, says G. G. Virtue, a prominent manufacturer of Sydney, Australia, who is stopping over in Salt Lake on his way home. The present rate of exhar.g, Mr. Virtue says, not only ketps Australia from importing American machinery, but is also limiting all importations from this country. fr Virtu p. said tabor dlsnutes. Jnclud- ing the shipping strike, which lasted four months, have been settled by the govern- , ment. "The high cost cf living has not af- , fee ted Australia as much as It has the T'nKed States," said Mr. Virtue, "for the reason that the war made home production pro-duction on a large s-ale for home consumption con-sumption absolutely necessary because of lack of shipping. Home manufacturing, consequently. was fostered and ha grown rapidly. "The Australian government Is giving to Its own soldiers and to those of tlu allied armies, intending to se:t in that country, land and advances of money to buy implements and buildings. "The league of nations finds favor In Australia, for we feel that our part In the war has entitled us to a place with other nations in working out the world's destiny." |