BARTER OBJECTIONS
AUSTRALIA'S REASONS
CANBERRA, February 5.
Explaining further why Australia was unable to entertain the German proposals to barter motor-cars for wool, Sir Henry' Gullett, Minister in Charga of Trade Treaties, said that the German proposals included a request for a British preferential rate of duty, also an adjustment of the exchange rate as between the Australian currency and gold. To agree to the first request would mean that similar terms would hava to be given goods of all other woolbuying countries, while an adjustment of the exchange would mear recasting the Australian tariff and destroying the British preferential system. The proposals would also violate the most-favcured-nation treatment with many; foreign countries. Sir Henry Gullett added that th* Commonwealth was conscious of the value of the German market and every, effort would be made to come to sati»> I factory arrangements.
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Bibliographic details
Evening Post, Volume CXXI, Issue 31, 6 February 1936, Page 13
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142BARTER OBJECTIONS Evening Post, Volume CXXI, Issue 31, 6 February 1936, Page 13
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