WILL CHANGE SOON
BRITISH FISCAL POLICY)
LORD BARNBY SEES THE
SIGNS
(By Telegraph.) (Special to "The Evening Post.") AUCKLAND, 15th December. '• Some of the economic problems confronting New Zealand as a result of the 'world-wide fall in prices were touched upon by- Lord Barnby when' outlining impressions of his first visit to the Dominion at a complimentary: luncheon tendered by the Auckland Chamber of Commerce. "In every direction I naturally urga 'Buy British goods/ " said Lord Barnby in referring to trade relations within the Empire. Great Britain, he said, was New Zealand's best market, and industrial prosperity there opened New Zealand's disposal capacity. Ho believed that those who bought British good 3 to-day secured the best world values. "We are cutting the corners of cheap production in England to.-day,, and wo' are getting equipped to face world competition," said Lord Barnby. "Costs of production are falling, and there i 3 a readiness among workers and industrialists to understand one another's point of view and one another's' problems. The spirit on both sides is resilient, and is converging toward a policy mutually constructive," Lord Barnby predicted an earlychange in British fiscal policy. Britain could no longer stand the avalanche of _ free imports which wero pouring into the country, impairing the stability of the Empire and low'ei^ ing the standard of living in the Old Country. Politicians with courage were needed to face the changed, conditions and support taxes on all foreign produce, including food, where necessary, and preference for Empire produce. It had to come, and it was unfortunata that the Imperial Conference was held when a minority Government was in. power. A change of Government would bring a change of policy. Every part of the Empire could be complementary to the other, and the Dominion should* limit secondary expansion to real economic justification and not to the injury of the primary exporting industries. '
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Bibliographic details
Evening Post, Volume CX, Issue 144, 16 December 1930, Page 9
Word Count
313WILL CHANGE SOON Evening Post, Volume CX, Issue 144, 16 December 1930, Page 9
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