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ENGINEERING INDUSTRIES

IMPACT OF BRITISH EXPORT PLANS .7 p ' m) LONDON, October 1. while more iron, steel, and other raw materials would have to be exported, there was no possibility of any substantial increases in total deliveries • a St^ el J* 0 . the engineering industry, said the Minister of Supply (Mr John Wilmot) to the Engineering Advisory Council. He proposed to extend the licensing of manufacture or supply to engineering consumer goods not at present covered, including motor-cars, motor-cycles, and bicycles. * An important change from the previous practice would be to allocate steel a nd some other raw materials to individual firms in an industry according to r “' e Arms’ actual performance. The engineering industries’ exports have to be stepped up from £30,000,Q00 to £48,000,000 a month by the end of 1948. Mr Wilmot said that this would represent an increase of 270 per cent, over 1938 and would mean a XSY sar<J5 ar< J s ? ue ®!? e of home supplies as well as dislocation and hardship for some firms. Manufacturers would be forced to export to the extent df involving a reorganisation of their whole sales policy and connexions. They would be given a reasonable but very do ?rt iffrt?rt Ehow u wha J "““y eould . He did not see how to avoid exrpt,^ g f J°3? “ dlv . ld ual firms periodic S^&n a ce Ual production and

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https://paperspast.natlib.govt.nz/newspapers/CHP19471003.2.64

Bibliographic details

Press, Volume LXXXIII, Issue 25305, 3 October 1947, Page 7

Word Count
229

ENGINEERING INDUSTRIES Press, Volume LXXXIII, Issue 25305, 3 October 1947, Page 7

ENGINEERING INDUSTRIES Press, Volume LXXXIII, Issue 25305, 3 October 1947, Page 7