RESTRICTION OF EXPORTS
EI'I•'!•:( 'TS OF INCREASED PRODUCTION "li. in some miraculous way, we could get the 30 millions of unemployed in the world back into industry, and could get the depressed industries hard at work again, then the subject of quotas would vanish like the morning dew." said Mr W. Machin. when speaking at the first session of the Christchurch Parliamentary Union, held in the Chamber of Commerce Hall last evening. "Nothing further would be heard of the subject for years to come."
Was it any wonder lhat there had been so much talk of quotas? Mr Maehin asked. New Zealand, proportionately, had increased its volume of exports of primary produce to a greater degree than any other nation in the world. Other nations had been increasing their exports of similar produce enormously, and the greater volume of it had been going to Great Britain. The position had been discussed at the Ottawa Conference, and restrictions which were decided on there had reaclcd favourably to New Zealand and Australia. There had been a promise that exports of butter from New Zealand to Great Britain would be immune for a certain period. After that the restrictions would seem to be conditional on the state of trade between the two countries.
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Press, Volume LXX, Issue 21119, 21 March 1934, Page 10
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210RESTRICTION OF EXPORTS Press, Volume LXX, Issue 21119, 21 March 1934, Page 10
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