“PERMANENT” PROTECTION
Manufacturers’ Request
(New Zealand Press Association) WELLINGTON, July 22. “The changes in the Customs tariff shows a clear intention to safeguard industries," said Mr A. R. Deltow, general secretary of the Manufacturers’ Federation, tonight. “The Manufacturers’ Federation has not asked for a completely closed market for manufactured goods, but it has stressed the need for adequate and per- • manenit protection. “There is a need for a complete revision of the Customs tariff—for the present one, which dates back to 1934, has become out-of-diate on two main counts. First, the classification of items needed to be revised to take into account new materials and new products, as well as new industries that have grown in New Zealand in the meantime..
“In the second place, the tariff of 1934 is no longer a satisfactory basis for protection of our New Zealand industries. When it was, compiled, wage levels which are the major item in production costs were about 5 per ceht. higher in New Zealand than in the United Kingdom. Today they are on average about 00 per cent. higher. This means that many of the protective duties fixed in 1934 have little real meaning now.”
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Bibliographic details
Press, Volume XCIX, Issue 29264, 23 July 1960, Page 14
Word Count
196“PERMANENT” PROTECTION Press, Volume XCIX, Issue 29264, 23 July 1960, Page 14
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