FINANCE AND COMMERCE.

Press, Volume LXVII, Issue 20272, 25 June 1931, Page 13

FINANCE AND COMMERCE.

Hp fRADE WITH

II BL ITER DUTY. DISPUTE REVIEWED. riiT between the land i I ('auadian Governce th n olition of the special New / ihin.l butter by the Gown ment in June, 1930, arc in a < i ular prepared by th? Britii ; i Traders' Association, bution .nnong North Island lpiiuics, with a view to the f tht National Dairy Associiiferencc at New Plymouth. In plea reciprocity the Assoints out the effect of the proIs in practically eliminating ween the two countries, and that tl »> four-cent duty on and butter formerly proposed nadian Government would not eeen 1 . actions of tho GovernCanada and New Zealand in ctrenie tariff rates on the proheir respective Dominions, are reat hardship knd loss to all , particularly to New Zealand and rijiorters of dairy pro- ! to New Zealand agents for rters of Canadian products," circular. insider it of vital importance heao interested parties should •ther in making the strongest ippeals to both Governments ; th" present barriers to re■ade and put an end to the prerious tariff war between the ■ Dominions. egotlations Outlined. ir understanding of tho varii by the two Governments is, bt pln<-r, essential. On June Camilla cancelled the special :»er pound duty which she had previously to New Zealand, howewr, that the increase to I BiitUh preferential rate, ur cents per pound, would not operation until October 12th, nercase was made on tho ural of the Canadian dairymen having a very hard struggle Mid were at that time severely y the United States of AmerS an embargo on cream which tously been sent into their i large quantities by Canada, itally the Canadian dairvmen sk for more than four "cents ir butter. In fact, the preside National Dairy Council of übscquently made a public that a duty over four cents wanted. He also confirmed nent >n a letter to the 'FinanToionto. dated January 29tli, gave his verv good reasons for There is no question, bowthat tho Canadian dairymen land urged fair protection for. er and nominated a rate of i. flMHop by New Zealand. m, when this increase of from mr cents was put into effect—mmmt considered it was pronden August 21st, 1930, placed By tariff on Canadian motort, and sundry other lines, and lectivß on all shipments after The fact mttght bo noted Caaada gave several mouths' the cancellation and the into tariff, whereas our Governtheir increase in tariff into effect. always been contended by' Ban public that a four cent ew Zealand butter would not ng like a prohibitive tariff, ter was so definitely superior, nders who spent some time in st year confirm that all tho clubs, etc., as well as inFamilies, made a feature of r Zealand butter. Further, nted out that our butter was the basis by the Canadian i the price of the local proidvanced or decreased in proth any fluctuation in the reof New Zealand butter, ove facts were not known or in New Zealand, hence the ; and retaliatory action by iment in increasing duties on from 10 per cent, to 35 per ell we submit was not ward has caused further retaliaCamda's Baply. Xt move came from Canada, September 16th, 1930, the kt announced that the duty on ad butter would be increased uts. Tlie New Zealand Gov■Jtimatc reply to this was to idian goods and products on II tariff. a! outcome is that New Zear exports to Canada, and the Canadian goods to New Zeabeen almost eliminated, ideriag the probable attitude adian dairy interests towards ent on the butter tariff, the not bo overlooked that our it has for years protected the nd dairy farmer by a duty on mtter of 20 per cent., which ira» further increased by the 9-40ths. This feature has sn commented on by Canadian for Condi' ;ry Spirit. s surely sot j basis on which trade can ijo renewed, and be found if each party will fair and conciliatory spirit, ognising the rights of and on due to each other. ■ociation are doing what litjtle :o assist in obtaining tho det, and will be. pleased to colli any other organisation who i same interest at heart in the tit of trado within the EASE OF DUTIES. ZEALAND INDUSTRIES TO BENEFIT. ig to a report submitted to ive of the Canterbury MauuAssoeiation last night by its (Mr E. H. Marriner) certain industries should be bene-rc-sult of the New Zealand at hating decided to classify Olrted from Canada as M)rt stated that the imports ada in l'J-J amounted to

(CONTINUED.)

£■!,, 92,820, which easily eclipsed the previous record of £3,353,975 established m 1924. _ The following were among tho lines imported to .New Zetland in 1929 from Canada. £ Confectionery .. .. 39157 p. heat . • ■ .. 31!90G 1' lour, wheaten * ~ 101,975 Maizena and Cornflour .. 11*302 Oatmeal t ' 1() q Vegetables .. ' [ 7 Hides, Pelts, Skins .. 22'461 Seods ~ _ s'ooi Apparel and ready-made ' clothing .. .. 80 52r; l.oots, Shoes, and Parts .. 2i>7,674 Hosiery .. # _ 210 402 Fencing Staples .. 1461 0 , ■- -• 18^944 Agricultural Implements, etc. 57,995 Dairying machinery .. 1,58S Electrical machinery 1G1'397 Belting, Leather, and other 22*968 Leather •• .. 17,366 £! mb , er • ■ .. 58,909 Wood, cane, and other manufacturing .. 31}3(54 ►Stationery # 10.118 Plaster Pulp Sheets 21,085 EMPIRE WOOL CONFERENCE. ! _____ CO-OPERATION URGED. ELIMINATION OF DRAFT ALLOWANCE. (UNTIED PKES3 ASSOCIATION'—ELECTRIC TELEGP.APH—COPYRIGHT.) (Received Juno 24th, 7.40 p.m.) MELBOURNE, June 24. Tho Empire Wool Conference discussed tho question of stabilising prices apd resolved that the wool-selling season should be regulated to permit of suitable offerings without creating a carry-over into next season; also that steps should be taken for co-operation between the various, parts of the Empire in all future offerings. A South Australian delegate moved a motion for the elimination of the draft allowance, claiming it meant that growers were making a present of one per cent, of their wool to the buyers, 'which was not justified. Mr W. H. Nicholson, of Christchurch, New Zealand, supported tho motion, which was carried. I General opposition was expressed to the practice of splitting lots at auc- | tions, and a motion to this effect was carried. The opinion was expressed that the "futures" market should be discouraged. The conference decided to advocate the need for economic research, particularly in regard to the gap between tho prices of wool and those of woollen goods. TRADE COUPONS. SYSTEM CONDEMNED. MANUFACTURERS* ACTION. The trade coupon system was Condemned in a letter recently sent to tho Minister for Industries and Commerce (Hon. J. G. Cobbe) by the Canterbury Traders' Welfare League, a copy of which was received at last night,'s meeting of the Canterbury Manufacturers' Association. It was decided to support the request of the League that the date of prohibiting the use of coupons should be September 30th next, and the final date of their redemption December 31st. The secretary of the Canterbury Traders' Welfare League (Mr H. A. C. North) wrote stating that at a recent meeting the following resolution- had been carried: — That the Minister for Industries and Commerce be most strongly urged to proceed with the Bill prohibiting free gift schemes of any nature whatsoever as introduced and read a first time last session. "In that Bill," the letter stated, "provision .was made that the use of coupons should be allowed up to June 30th, and the redemption up to September 30th next, but it is recognised that these dates would need to be extended, and this Association suggests that such be extended to September 30th and December 31st respectively. Effect of Bill. "My association consists of retailers, wholesalers, manuiacturers, and packers, and has a membership of 300. The members are unanimously of the opinion that the Bill you introduced last session should be proceeded with, as its effect will be to prevent the continuance of the evil of prize schemes. It is felt that these scheme are detrimental to the public, and are certainly detrimental to the retailer, as they tend to stimulate a demand that is out of proportion to the real requirements of the public who, in their endeavour to collect prizes, often overbuy. "Moreover, the retailers who carry similar articles to those given away as prizes are, of course, definitely injured in that their sales fall, and in addition the prizes given have to be cheap and are, therefore, imported direct from overseas, and are bought in the cheapest market to tho detriment of the wholesale trade, and, in some cases, New Zealand and British manufacturers. It is trusted that the Government will use every endeavour to have the Bill, as prepared, placed on the Statute Book, and it will thereby undoubtedly receive tho thanks of the majority of the legitimate traders in this country." "Would Please Tobacconists." Mr A. G. Cannons said that the proposal would greatly please a good many traders, particularly tobacconists. It would stop all coupons except cash coupons issued by the traders themselves. • ■■ , Mr S. W. Ayers said that he had nan his attention <Jrawn to a proposed coupon scheme which aimed at selling coupons directly to housewives with .'t view to forcing them to deal with certain traders. It was the reverse of existing systems in that it was startec .at, the other end. The discussion then ended. A GROWING CRAZE. It has become a constantly grownig hobby to take snaps of winter ie sports to remind one of the thrf.ls the games. Kodak and ' Voigtlam er are the favoured cameras r * models of these famous maketf «an be bought on the easiest ten oß 111 ' from Wallace and Co., Photographic Dealers, High street. -