TRADE PREFERENCE.

Auckland Star, Volume LV, Issue 307, 27 December 1924, Page 14

TRADE PREFERENCE.

CANADA AFFECTED. BY N.Z. LEGISLATION. (From our Own Correspondent.) OTTAWA, November -0. Potential trouble is looming up over a proposed regulation under the NewZealand tariff which, it is claimed, would affect. Canadian shipments to that country. Cables are being sent about it to Premier Massey. For a lons time a preferential arrangement has' existed between Hie two Dominions based broadly upon an exchange of preference. One of the main precision* was that one quarter of the value of any Canadian article exported to New Zealand and eligible for the preference mu.-t lw the actual proI duel of Canadian labour. New Zealand is now proposing lo increase this from one-quarter to three-quarters, which, it is held, makes a very substantial dill'Crence. Automobile manufacturers fay they 'would be particularly affected, having repard to the fact that SO much of the steel entering into the ear? comes frvm the United State?, while many factories lon this side of the line are largely assembling plant?. Heretofore they have been eligible for the preference, and it has been 8. factor in the marked development of the export trade in motor cars. It is hein£ represented here (hat the proposed chanjrn may .-eriouMy affect the motor industry and some, others as well, including agricultural implements. The Government is taking up the (matter with the. New Zealand Ministry lin the hope of securing modification.