TIGHT THE MATTER OUT'
MR. GOODFELLOW'S ADVICE
(By Telegraph.—Press 'Association.) ' / AUCKLAND, March 23,
"I have done my best to induce the New Zealand Dairy Board not to agree to any. restriction on this imports of our butter into the United Kingdom, because I believe it will be better to fight the matter out, even if prices do go a little lower," said Mr. W. Goodfellow, advisory director of the New Zealand Co-operative Dairy Company today. He was addressing' the Auckland Chamber of Commerce in reference to the future international outlook.
Mr. Goodfellow considered there would be a turn for the better-within the next few .months, and that one might expect an all-round reduction of war debts, a scaling down of tariffs, and a return to gold on a new basis involving a devaluation of about 25 per cent. *
One result would bo that Germany -would be able to buy large quantities of wool and butter, because her national obligations would be reduced to about £150,000,000, or less than the national debt of New Zealand.
"But if there is a lift in prices," said Mr. Goodfellow, "we will still have to face the problem of permanently holding the British market."
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Bibliographic details
Evening Post, Volume CXV, Issue 70, 24 March 1933, Page 8
Word Count
199TIGHT THE MATTER OUT' Evening Post, Volume CXV, Issue 70, 24 March 1933, Page 8
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