IMPORT RESTRICTIONS

Auckland Star, Volume LXXII, Issue 181, 2 August 1941, Page 6

IMPORT RESTRICTIONS

The immediate reaction result™ from the publication of the Ufi import licenses will be increased rationing by the wholesale and retail business houses leading to greater difficulty being experienced by the purchasing public in making their normal requirements. The dBMt of allocation of license figures, fir merly based on 1938 import figures and now in 1940, seems rate drastic. It means that whereas in 1938 a license was worth £100, next year the allocation may be only 05, having been reduced in 1940 art again in 1942. An importer's trials do not end with the granting of ba license to import, trouble onry beginning there. Available funds to pay for his goods must be arranged with his bank; careful arrangement of ordering becomes vital to keep within his license amount; the shipment from England has to arrive safely, and, finally, in the era chance of the failure to arrive, the whole business goes through another process. This all makes for most difficult trading, and whilst prevailing conditions to-day warrant a certain amount of import superriskn, the further reductions for 1942 asportations seem to aggravate the situation. F. HOOKWAY.