TRADE TREATY.

Auckland Star, Volume LXIII, Issue 238, 7 October 1932, Page 8

TRADE TREATY.

DOMINION AND AUSTRALIA. MANUFACTURERS URGE ACTION. (By Telegraph.—Press Association.) WELLINGTON, Thursday. When the question of a trade treaty between Australia and New Zealand was discussed at the conference of the New Zealand Manufacturers' Federation today, a delegate said it was high time the Government was asked to do one or two things, enact machinery to deal with depredated currency within the Empire, or give notice of abrogation of the treaty. Mr. J. Abe] said the matter should be discussed with a view to some adjustment being made owing to the effect of depreciated currency. Mr. S. Takle (Auckland) said that duties hardly affected Australia, owing to the high exchange. The Custom? Department should be able to help. The matter was discussed last year, said Mr. J. G. Jeffery (Dunedin), when a deputation waited on the Minister o Customs. Dr. Craig then said the position was a very difficult one to deal wi • When the Custom« Act was framed it was never anticipated that there woula be such a thing as depreciated currency within the Empire or the Act would have been framed to meet it. Notwi standing the fact that the Austra lan treaty was brought about to establiMi a more reasonable balance of trade * tween the two countries, the adverse balance was becoming -greater every y The president said that the deputation would mention the matter to the: Prime Minister, the Rt. Hon. G. W. Forbes, when waiting upon him. • • -