NEW ZEALAND AND VICTORIA
. tFnder tbe heading of Mercantile Kalatlous with New Zealand the "Australasian trade Review " (Melbourne) remarks :— "An important point is raised by th« increased duty on oats and barley, and that Is the oompJota want of consideration shown to New Zealand In oar tariff alterations. Thn neglect to ttady our relations with Now Zealand lo felt by the mercantile world to be a grave roiatake. New Z9«ltind has entered Into a new period of pronperlty, whloh Is evinoad by the foot that she Is now exporting far more per head of population than Vlotorlo. During tho p»ss half year, Indeed, the absolute amount of her exports, Irrespective of population, waa largely In bxcbbb of onrs, the figures comparing as follows: Now Zealand £5,622,283 ; Melbourne (tho export trade o f which forms nearly tbe whole of ihat of (Victor^), £4,429,123. The recovery of NewZjaland, by means of hor enhanced productiveness, from depression will greatly enlarge her import trade, and «roDld poßslbly Increase her connection with Victoria under favoring conditions. • The exports from Melbourne to New Zea land have become so shrunken that no encouragement effera for shipping enterprlae, nnd It results therefore that It oosta morß to send goods thero than It does to bring from the United Kingdom, whloh Is a eovere handicap for the Molbourne merchant. Bat If intercourse were fostered there would be a larger trade between the two colohfof, whloh would be further promoted by a consequent reduction of freights. To the Victorian manufaaturer New Zaaland offers a market at present poly second to tbat of New South Wales, and ptobaWy In the near future it will be a better one."
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