TRADE TREATY

Evening Star, Issue 20671, 19 December 1930, Page 9

TRADE TREATY

CANADA AND AUSTRALIA DETAILS OF PROPOSALS Press Association—By Telegraph—Copyright. OTTAWA, December 17., The Canadian trade agreement will be made public to-morrow. It contains much more favourable motor car and timber schedules tor Canada than the existing pact does, these items being especially helpful to Canada in her competition with the United States in Australian markets. Canada’s preference on newsprint is extended to woodpulp, kraftpaper, and fruit-wrapping paper. There are no changes in the agricultural implement schedules. Butter carries 8 cents, with a proviso that if the combined Australian price and the Canadian duty is below 32 cents the duty will be increased to stabilise tho minimum import price at 32 cents. This is an extensive concession to the Canadian dairy farmer, who is fighting tooth and nail against Commonwealth butter, and threatened to upset the treaty on this item alone. Australia’s greatest gains aro naturally in fruits, dried and fresh, and wines. Tho agreement will be considered at a meeting of tho Cabinet on Thursday. DETAILS NOT DIVULGED. GREATLY INCREASED TRADE EXP.ECTED. OTTAWA, December 18. (Received December 19, at 9 a.m.) On tho grounds that Mr Moloney insists that revelation of tho nature of the new treaty would handicap Australia, Mr Stevens refuses to divulge tho details, which will bo announced first in tho Australian and Canadian Pai’liamcnts. Both Ministers declare that tho pact is highly satisfactory and will lead to greatly increased trade. An official statement on tho tentative Canadian and Australian treaty will not bo issued until next week. Mr Moloney will bo back in tho capital on Tuesday. The statement may bo a joint one. ____________