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Mr. Cooke Supports . Free Market •

2nd November 1956
Page 41
Page 41, 2nd November 1956 — Mr. Cooke Supports . Free Market •
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Which of the following most accurately describes the problem?

AN opportunity to increase commercial-vehicle production and lower prices is offered by the scheme for a European free market, Mr. R. Gresham Cooke. M.P., former director of the Society of Motor Manufacturers and Traders, considers'.

He told The Commercial Motor political correspondent on Tuesday that he understood that the first drop in tariffs would be made about 18 months after the scheme started. It would be of some 10 per cent., and there would be further similar drops every four years until the tariffs were wiped out.

Mr. Cooke thought that if there were no inflationary conditions in Britain and our market could be doubled, prices could be reduced, but Germany would be in an even more competitive position in the British home market than at present. Also. Germany could more easily distribute to other Continental countries; whereas British exports had to cross the sea.

British commercial vehicles might sell well in France and Italy. but our models might have to be redesigned to suit local conditions.

SCHOLARSHIP AWARD

T enable him to continue his transrport studies, Mr. Dermot Fitzpatrick has been awarded a Henry Spurrier Memorial Scholarship by the Institute of Transport. He is a driver of the Birmingham and Midland Motor Omnibus Co., Ltd., and has been granted leave to attend Fircroft College.


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