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BRITISH EXPORTERS' SHOCK TRADE WITH DOMINION LONDON. May 10. British exporters to New Zealand and Australia received an unexpected shock with the announcement of a big extension to the export licensing scheme. Cotton piece-goods and metal-cutting tools are prominent among the goods which in future are exportable only under license This is a serious blow to the Midland* which were hoping New Zealand and Australia would buy increasing quantities of the goods 'to make up for markets lost elsewhere. The extent to which the United Kingdom Government is carrying its plans for the concentration of industry on essential war needs is shown by the latest Board of Trade order requiring all cotton spinners and cotton rayon weaving firms to submit, before .Tune, voluntary arrangements for the limitation of production. Another group which must do likewise includes the manufacturers of toilet preparations, toys, fountain pens, corsets, cutlery, carpets, gloves hosiery and many other goods Other recent licensing orders cover electric insulated wire cable, vitaminised oil and emulsions, wireless receiving valves, machine-tool jigs and certain engineers' tools.
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Auckland Star, 12 May 1941, Page 6
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177OUTPUT LIMITED Auckland Star, 12 May 1941, Page 6
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