New Zealand Exports
Sir, —In your issue this morning j r ou report that Mr. Goodfellow considers the claim that primary producers really benefit by the 2o per cent, exchange is illusory for the reason that producers have at the same time to pay an added cost on manufactured goods. Will Mr. Goodfellow please further state what proportion of a primary producer's costs he estimates is made up of purchase of Manufactured goods? (Presumably Mr. Goodfellow is referring mainly to imported goods, though possibly he also has, m mind goods manufactured locally from imported raw materials.) It; order that the argument may be more clearly followed, I suggest that Mr. Goodfellow might please quote his estimate by using the example of a dairyfarmer whose annual milk cheques, owing to 25 per cent, exchange, amount to say £2OOO in New Zealand currency. Possibly some of your dairy-farmer readers will be sufficiently interested to also kindly supply information in answer to my inquiry.—l am, etc.—ACCOUNTANT. v Wellington, October 10.
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Bibliographic details
Dominion, Volume 38, Issue 14, 11 October 1944, Page 6
Word Count
167New Zealand Exports Dominion, Volume 38, Issue 14, 11 October 1944, Page 6
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