TRADE WITH THE EAST.

Auckland Star, Volume LX, Issue 244, 15 October 1929, Page 8

TRADE WITH THE EAST.

EXPORTS INCREASING,;,

MUCH CAN BE DONE,

PREMIER'S POLICY COMMENDED,

The desirability of New Zealan* \ exploiting Eastern markets for the d' posal of its surplus products '** expressed at the conference of the As ciatecl Chambers of Commerce this £? ing. At the suggestion of Mr. J aß Mil*. . Wellington, the conferen W JtSJ satisfaction the interest of the p*L Minister (Sir Joseph Ward) in Lt£' a better trade connection between? Dominion and the Far East. ha Mr. Milne said the great difficultv • the way of establishing Eastern trade was the limited shipping serv j ce: "£ this connection Australia had a trrbt! advantage over the Dominion'; Ih-M 28 the Commonwealth sent troodu t* «. value of £21,000,000 to the fig as exports from New Zealand a<rfnw o ,i only £1,441,000, or two per cent of 2 country's exports. Australia purchaS goods to the value of £50,000,000 ita : New Zealand £3,000,000. This iS an adverse trade balance so far '.as th» Dominion was concerned. ' ,; The supply question could only ha overcome by a direct service to -«,« East, as charges of £2 a ton were made on shipments through Australia Diffi' culties that still had to. be overcome were refrigeration and storage,' and vessels trading to the East would have to be insulated. There was quite V large demand for New Zealand goods in the East, particularly foodstuffs. Assistance should be given by the Government to exporters by making charges between New Zealand and Australia on goods for the East reasonable. That .would encourage a trade that was slowly developing. Direct services to the East would come later as a matter of course.