NEW MARKETS.

Auckland Star, Volume LXIV, Issue 83, 8 April 1933, Page 9

NEW MARKETS.

DOMINION'S NEED, j MUCH LARGER PTODUCTIQIi. "QUOTA SEEMS INEVITABLE.*! - j (By Telegraph.—Press '•■■' PALMERSTOtf N., this day. ' In connection with the convention to be held here by the Manawatu District Development League, a large public meeting wae held last evening, when the Minister of Industries and Commerce, the Hon. R. Masters, was the principal speaker. In the course of a review of the Dominion's export trade, the Minister said the necessity for new markets was becoming more apparent every day. He .specially stressed the opportunities of trade with the Far East and India. Ha quoted Australia's activities in this connection. Referring to the butter market the Minister said the world's exports to Britain had increased by £24,000,000 between 1914 and 1931. During the same period Britain had been called upon to take additional cheese, valued at £2,000,000, wool (£29,000,000) and meat (£2B, 000,000), but the population had not increased sufficiently to absorb the supplies. In 1914 the production of butter in' New Zealand was 19,934 tons, but to-day the Auckland Province alone produced three and a half times that quantity. Every country was increasing production, and all were flooding the United Kingdom.

After quoting Britain's imports of butter from foreign countries the Minister commented that a quota system seemed inevitable. British farmers were in difficulties and were highly organised nationally, being a big political force. Britain had a duty to her own people, who had themselves experienced restrictions, quota and preference. New Zealand now had to apply to marketing the same highly scientific methods as she had done to production.

The Minister emphasised the fact that the Government had made no representation to Britain regarding a quota.