Commonwealth perspective as he argued that the Dominions were just as important as Britain in holding the empire together. Beaverbrook believed that because Britain had more people than what British agriculture was capable of feeding while the Dominions produced more food than what their people needed that a symbiotic relationship would be possible with British industry supplying the manufactured goods for the Dominions while the Dominions would supply food and other raw materials to Britain. As such, Beaverbrook wanted to see the end of all trade barriers within the Commonwealth and a system of tariffs to keep non-Commonwealth products out of the Commonwealth to form what he called the Empire Free Trade zone. Taylor credited Beaverbrook's Canadian origins for his beliefs about an "Empire Free Trade zone" as he wrote: "At the bottom this was pure sentiment, a desire to be both British as well as Canadian, and a desire, also characteristic of a Canadian, that the British empire should maintain its independence from the United States". Beaverbrook had long resented Baldwin's leadership of the Conservative Party and the loss of his influence that had followed the resignation of Bonar Law in 1923. Beaverbrook had privately "rejoiced" when the Conservatives lost the 1929 election, seeing Labour's victory as a chance to impose his views on the Conservative party, especially with regard to the Empire Free Trade zone. Through there was much discontent within the Conservative ranks over Baldwin's leadership, Beaverbrook was regarded as an "untouchable" by the Conservative elite. In July 1929, Beaverbrook launched the Empire Crusade movement to campaign for the "Empire Free Trade zone", which attracted support from various Tory backbencher MPs, peers and local riding associations. He very shrewdly sold the majority of his share holdings before the 1929 crash and in the resulting depression launched a new political party to promote free trade within the British Empire. Empire Free Trade Crusade candidates had some success. An Independent Conservative who supported Empire Free Trade won the Twickenham by-election in 1929. In December 1929, Beaverbrook set up a central office to co-ordinate the Empire Crusade movement. However, Beaverbrook could not quite decide if the purpose of the Empire Crusade was to depose Baldwin or just merely have the Conservative party give him the respect he felt he deserved. In February 1930, the Empire Crusade movement was joined by Lord Rothermere, the proprietor of the Daily Mail. Beaverbrook and