DUMPING IN N.Z.

Auckland Star, Volume LXIV, Issue 134, 9 June 1933, Page 7

DUMPING IN N.Z.

GERMAN PARCHMENT.

Cost Lower Than Internal

Sale Price.

MANUFACTURERS COMPLAIN.

(United I*.A. —Electric Telegraph—Copyright)

(Received 1 p.m.) LONDON, June 8. A deputation of parchment paper manufacturers waited on Sir Thomas Wilford and complained that Germany was dumping her products into New Zealand at £40 per ton c.i.f., compared with £45 a ton for British, whereas Germany was selling the same paper internally at £50 a ton. The deputation mentioned, Germany's severe restrictions on New Zealand butter. Sir Thomas Wilford promised to convey the representations to the Government, and advised the deputation to see Mr. G. W. Forbes and Mr. 11. Masters, the delegates to the World Economic Conference. Sir Thomas says New Zealand's objectives at the World Conference are: Firstly, higher price levels; secondly, suitable balancing of currencies; thirdly, the removal of obstacles to trade. Fersonallv he is of opinion that the questions of the balance of international payments, prices and exchanges will be forced upon the conference at the outset.