N.Z.'S GOOD NAME

Auckland Star, Volume LXXVI, Issue 200, 24 August 1945, Page 6

N.Z.'S GOOD NAME

BUSINESS MORALITY

BRITAIN WANTS TRADE

WANGANUI, this day.

"British manufacturers place high values upon trade with New Zealand," said Mr. R. Boulter, British Trade Commissioner, when speaking to members of the Wanganui Chamber of Commerce. One reason, he said, was the high standard of commercial morality established in New Zealand. British manufacturers who shipped to New Zealand incurred few bad debts.

British manufacturers for some months had been taking active steps to revive trading connections, and importers in this country could help by quickly advising British manufacturers of their requirements and their order of priority.

"I have been surprised at the amount of machinery some manufacturers in , New Zealand wish to order," said Mr. Boulter. "Undue importance should not be attached to the increased price level of United Kingdom goods. When it becomes possible to make comparisons United Kingdom prices will probably prove to be as competitive as before the war. We start the post-war trade programme with greatly increased industrial capacity. Apart from new factories equipped with the latest machinery there are many new inventions and industrial developments which have not previously been produced or sold on a commercial scale, such as television, plastics, wireless and radio location, and synthetic fibres."

Mr. Boulter could give little information of the prospects of increased supplies of goods being available for export. Perhaps the best indication, he said, was the relaxation of restrictions upon the exports from the United Kingdom. The latest list of goods released from the export licensing regulations included glass, pottery, razor blades, hair clippers, bedsteads, mattresses, toys, umbrellas, machine mining and civil engineering tools, most forms of synthetic resins, kapok goods, transparent cellulose wrappings, cycles and motor cycles and parts, parts of stationary internal combustion engines, several types of domestic electrical appliances, dry batteries, wireless receivers, fuses, and a long list of chemicals and drugs.

"The mere act of relaxing the export licensing regulations does not automatically increase the supply of goods available for export, but indicates the class of goods which will gradually be easier of supply," he said.