MARKETS IN CANADA

Ashburton Guardian, Volume 55, Issue 40, 27 November 1934, Page 7

MARKETS IN CANADA

1 WOOLLEN GOODS IMPORTED. EMPIRE TRADE SUPPORTED. (Special to the “ Guardian. - ’) WELLINGTON, November 26. In the view of the lit. Hon. Arthur Meighen, a former Prime Minister of Canada, who is a through passenger to San Fraiicisco by the Alaunganui, after having represented Canada at the Melbourne Centenary celebrations, there is insufficient recognition both in Australia and New Zealand of the fact that Canada is indirectly a very large buyer of wool produced in the two southern dominions.

In an interview to-day, Mr Meighen pointed out that Canada bought up to 95 oer cent, of her imported textiles from Great Britain, and in those goods Australian and New Zealand wool was the biggest item. It appeared to be the impression in Australia and New Zealand , that the trade balances were in Canada’s favour, but little or no account was taken of the wool in a tremendous amount of 1 textiles imported from the Mother Country. If the position was not shown in the returns, at least it should be appreciated by the people of Australia and New Zealand. Moreover, since ' the Ottawa Conference, Canada had been taking 2i times as much of New Zealand goods as she had taken prior to that time. Most cordial relations existed between the Governments of Canadaj and New Zealand, Air Aleighen continued, and the Canadian authorities were always ready to enter into friendly discussions on trade matters. Mr Aleighen emphasised that Canada had no discriminatory tariff against the products of these southern dominions. New Zealand and Australia were treated in exactly the same way as Great Britain, and if New: Zealand gfive preference to Great Britain, additional to that lately in effect, it might be of tremendous disadvantage to Canada.