TRADE WITH JAPAN.

Auckland Star, Volume LXVIII, Issue 271, 15 November 1937, Page 4

TRADE WITH JAPAN.

Proposals in Australia to boycott Japanese goods are strongly deprecated by the president of the Graziers' Federal Council of Australia (Mr. J. P. Abbott I. He said the proposed boycott might endanger Australia's international relations, and would seriously affect the primary producers and working men of Australia.

He pointed out that a boycott is an economic declaration of war against that nation whose goods are boycotted. It differs in few essentials from a blockade. and often leads to the same results, and that is war.

"The full entry of Japan into the local wool market at the present time,'' said Mr. Abbott, "would give a beneficial effect that it is hard to calculate. But Japan cannot operate here unless she has foreign exchange with which to purchase her requirements, and if she is prevented from selling her goods outside Japan then she must disappear entirely as a competitor in the Australian wool market. I would remind all those in employment to-day that the prosperity of Australia depends on the price and volume of the wool clip."