CAPITAL FROM AMERICA
"The great tendency in trade at the moment is for Australian houses to make arrangements with American manufacturers to make American goods here under licence," said Mr. G. C. Howard, recently senior U.S. Trade Commissioner in Australia. "In other cases arrangements have been made to manufacture American goods in Australia on a royalty basis. There has been i*apid development on these lines since I have been in Australia, and a large amount of American capital has been invested in Australia."
Mr. Howard said that the AngloAmerican trade treaty had had little effect on American and Australian trade. In the case of tinned fruits it had been beneficial to Australia because higher duties had been imposed on cheaper fruit from foreign countries.
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Bibliographic details
Evening Post, Volume CXXVII, Issue 83, 10 April 1939, Page 10
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124CAPITAL FROM AMERICA Evening Post, Volume CXXVII, Issue 83, 10 April 1939, Page 10
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