Correspondence with Henry Drummond-Wolff [Empire Economic Union] on subjects including: a paper by LSA for the European League of Economic Co-operation; tariffs, trade agreements and Imperial Preference; the civil aviation policy of the United States.

Other correspondents include: Ronald Russell [Research Secretary of the Empire Economic Union]; Sir Herbert Williams [Honorary Secretary of the Empire Economic Union] (4); 1st Lord Woolton [Chairman of the Conservative Party, earlier Frederick Marquis]; T E Utley [Peter Utley] (2).

Also includes memoranda by Drummond-Wolff on: the economic warfare between the United States and the Soviet Union, and the arbitrary withholding of Most Favoured Nation status from individual countries; protective and preferential tariffs; a conditional Most Favoured Nation clause; non-discrimination, customs union and preference; the organic reconstruction of international currency stabilization after the war.