NEW ZEALAND'S TRADE

Evening Post, Volume CV, Issue 134, 7 June 1923, Page 11

NEW ZEALAND'S TRADE

CONDITIONS REVIEWED BY PRIME MINISTER,

(81 TELEGRAPH.—PUESS ASSOCIATION.I

DUNEDIN, 6th June.

Mr. Massey was entertained at a complimentary dinner by the citizens of Dunedin to-night, the Mayor of Dunediu presiding. In responding to the toast of his health, the Prime Minister referred to the importance of irrigation works in Central Otago, and to the increased production that would undoubtedly result therefrom. He quoted figures showing that the' total trade of New Zealand had increased from 45 millions in 1913 to ■82 millions in 1923 (ending 31st March). The imports for the same period had increased by 68 per cent., and the exports by 98 per cent. Great increases were shown in wool, frozen meat, butter, cheese, and other pru ducts. The wages in manufacturing industries had increased from £5,572 000 in 1913 to £11,519,000 in 1923. He dealt at some length with financial proposals to be brought before Parliament . in the coming session in regard to the reduction of taxation, and spoke of the Government's intention to increase the amount of loans to settlers and workers. Ha also touched on Imperial matters, and said that it was for Parliament to decide whether he should attend, the Imperial Conference in London during October next. Mr. Massey was warmly applauded on resuming his seat.