GERMAN BARTER.
PREFERENTIAL DUTY DESIRED. THE ATTITUDE OF AUSTRALIA. (United Press Association-Copyright) CANBERRA, February 5. Explaining further why Australia is unable to .entertain the German proposals to barter motor-cars for wool, Sir Henry Gullett (Minister in charge cf Trade Treaties) said that the German proposals included a request for the British preferential rate of duty, and also an adjustment of the exchange rate as between Australian currency and gold. To agree to the first request would mean that similar terms would, have to lie given to the goods of all other wool-buying countries, while the adjustment of the exchange would mean recasting the Australian tariff, destroying the British preferential system. The proposals would also violate “most favoured nation” treatment with many foreign countries.. Sir Henry Gullett added that the Commonwealth was conscious of the value of the German market, and every effort would be made to come to satisfactory arrangements.
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Ashburton Guardian, Volume 56, Issue 98, 6 February 1936, Page 5
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150GERMAN BARTER. Ashburton Guardian, Volume 56, Issue 98, 6 February 1936, Page 5
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